TEMPO.CO, Jakarta – The government has decided not to change electricity tariffs for 12 customer categories, which has been adjusted just recently. The government assured that electricity tariffs will not increase until June 2017. According to Energy and Mineral Resources Minister Regulation No. 18 of 2017 on Electricity Tariffs, the tariffs for the 12 customer categories […]
Read MoreMANILA – The Philippine central bank left its key overnight borrowing rate steady at 3.0% on Thursday, saying inflation should settle within its target for this year and next. Nine out of 10 economists in a Reuters poll predicted the central bank would stand pat on rates, following the widely expected move by the US […]
Read MoreExports slid in February after three months of increases, mainly due to lower shipments of gold and aircraft. The Commerce Ministry yesterday reported that exports fell by 2.8% year-on-year in February to UScopy8.47 billion after rising 8.8% in January, 6.2% in December and 10.2% in November. Pimchanok Vonkorpon, director-general of the ministry’s trade policy and […]
Read MoreThe government is now busy preparing measures to jump-start the development of business startups to help drive the country’s digital economy under the government’s much-touted “Thailand 4.0” model. Addressing a Bangkok Post conference titled “Thailand’s Startups: Learning from Unicorns”, organised by the Post Group Wednesday, Suvit Maesincee, a minister attached to the Prime Minister’s Office, […]
Read MoreMANILA, Philippines – The Philippines is set to sign agreements with two more countries as early as next month to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said in a speech […]
Read MoreYangon (AFP) – Ride-hailing firm Grab launched a trial service in Yangon yesterday, becoming the first international company to enter Myanmar and stealing a march on fierce rival Uber in the largely untapped market. The Singapore-based company said it was conducting a trial with a small group of taxi drivers in Myanmar’s largest city and […]
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