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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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Indonesia grapples with inflation dilemma as subsidies cut

JAKARTA: What’s good for Indonesia’s fiscal chiefs is proving a headache for the central bank. President Joko Widodo’s push to phase out electricity subsidies that have drained the budget of billions of dollars is boosting prices in the economy and threatening the bank’s 3% to 5% inflation target. For reform-minded Widodo, getting rid of the […]

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