TEMPO.CO, Jakarta – Vice President Jusuf Kalla believes that the 2018 Asian Games event will also have a positive impact on long-term investments. “Despite the huge cost, the Asian Games is very important, as it will also have a positive impact on investment in future,” Kalla noted after the signing of the 2018 Asian Games funding sponsorship agreement with […]
Read MoreThe Central Bank of Myanmar (CBM) will approve the forming of five sector-specific banks, according to a directive from the President’s Office to the central bank. Under the directive, the President’s Office has instructed CBM to approve the opening of Myanmar Tourism Bank, Mineral Development Bank, Glory Farmer Development Bank, Mandalay Farmer Development Bank and […]
Read MoreUpstream director Syamsul Alam of state-owned energy firm Pertamina has called on the government to declare that the country is facing an energy crisis, as it is now a net oil importer and would soon become a net gas importer, kompas.com reported on Wednesday. Syamsul said that current global oil reserves was 1,700 billion barrels, while Indonesia had oil […]
Read MoreThe Hanoitimes – With regard to cars with 2000cc engine, import tariffs for auto parts will be reduced to 0% for 5 years (2018 – 2022). The Vietnamese government plans to eliminate tariffs on key autoparts from January. The move follows the planned termination of tariffs on cars within the region, as the Association of Southeast […]
Read MoreThe Thai telecom regulator needs to reduce the spectrum space designated for 2G in order to allocate more frequency for 5G development, says a leading US communication network firm. “Thailand ranked second among Asean countries in terms of 5G development, behind Singapore,” said Navin Vohra, vice-president, service provider sales, Asia-Pacific, at Thai Inc. 5G technologies […]
Read MoreInformation and communication technologies, particularly smart phones, can play a key role in boosting financial inclusion in Cambodia, according to researchers at the Fourth Annual NBC Macroeconomic Conference held yesterday in Phnom Penh. Financial inclusion means individuals and businesses enjoy access to useful and affordable financial products and services, such as credit, savings, insurance and […]
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