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World Bank Predicts Economy of Indonesia to Grow 5.3 Percent

TEMPO.CO, Jakarta – World Bank predicts that Indonesia will increase its real gross domestic product (real GDP) by 5.3 percent in 2018. This is backed by a number of economic growth indicators during this year’s first quarter. Based on the World Bank’s review, Indonesia’s economic growth in the first quarter of 2017 increased from 4.9 percent […]

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Indonesia: Govt Drafts Bill to Stabilize Food Prices

TEMPO.CO, Jakarta – The government is drafting a regulation aimed at stabilizing food prices, instead of deliberating the food regulation law as implemented in Malaysia. “There will be an import duty imposed to stabilize prices,” Coordinating Minister for Eonomic Affairs Darmin Nasution said at his office in Jakarta today, June 15. Darmin added that the government […]

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Myanmar: Clear mandate and management structure essential for MGE

The Natural Resource Governance Institute has published a report Governing the Gemstone Sector: Lessons from Global Experience in which Myanmar’s state-owned enterprise is featured as a case study. The report considers how countries may improve management of their gemstone resources, offers lessons from international experience and recommends policy options for governments interested in enhancing their […]

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Myanmar: dry port sets hopes on Belt and Road

The country’s first dry port will be built near Myitnge, in Amarapura township, Mandalay Region, and join the Belt and Road network, said U Myo Win, general manager from Myanma Railways (Upper Myanmar).  “It is a two-year project under UNESCAP agreement between governments,” he said. UNESCAP refers to the United Nations Economic Social Commission Asia […]

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