MANILA, Philippines — The government settled in August P73.17 billion in debt, comprising of interest payments and amortization, the Bureau of the Treasury (BTr) reported yesterday. According to data from the Treasury, the government’s debt payments in August jumped 162.41 percent to P73.17 billion from P27.88 billion in the same month last year. This brought […]
Read More10 Malaysian F&B companies are participating in the four-day 2017 ASEAN Trade Fair, themed “Taste the Happiness”, in Seoul which provides a platform for 100 companies from the region to introduce a wide selection of products to the Korean market. Source: https://www.thestartv.com/v/Malaysian%20flavours%20at%202017%20ASEAN%20Trade%20Fair#GkrMqbZDwUlC1sXm.99
Read MoreTransportation Minister Budi Karya Sumadi said on Thursday that he aimed to reduce up to 30 percent of Jakarta-Surabaya truck service into freight shipping by using roll-in roll-out (roro) ships. “The current issue is that the trucks operating along the Jakarta-Surabaya routes are [often] overloaded. The heavy trucks will damage the roads,” he said on […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) has said that bitcoin is not a legitimate payment instrument. BI Executive Director for Payment System Policy Department Eny V. Panggaben said that the central bank has banned the use of bitcoin as a payment instrument. “Bitcoin is clearly banned. But in individual transactions, it is allowed, but it’s at your own risk,” […]
Read MoreGlobal automated teller machine (ATM) makers are locked in a race for market share in Myanmar, where more than 90 percent of the population remains unbanked. US-listed NCR Corporation is one, while Diebold Nixdorf, a recent merger between US-based Diebold and Germany’s Windcor Nixdorf, is another. With less than 2,000 ATMs installed in the country, […]
Read MoreThe French chamber will launch its Mandalay business centre in early November to serve European, French and Myanmar businesses eager to expand into the country’s second largest city. CCI France Myanmar Business Centre will be located in Unit 5, Block 2 of the Mingalar Mandalay Compound. Situated beside the old Chanmyathazi airport and across the New […]
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