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Philippines: Contrasting policies

Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. is persistent in his advocacy to reach out to the unbanked sector via the digitalization of banking and financial services and the expansion of the reach of financial institutions. The House of Representatives has joined this move by approving the Bangko sa Baryo bill which aims to […]

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Vietnam targets GDP growth rate of 6.6 – 6.8% in 2019

The Hanoitimes – Vietnam`s nominal GDP in 2018 is forecast to grow over 6.7% to reach VND5,555 trillion (US$240.5 billion), leading to GDP per capita of US$2,540, up 6.3% year-on-year or US$155. Vietnam targets the GDP growth rate of 6.6 – 6.8% in 2019, Vice Minister of Planning and Investment Nguyen Van Trung was quoted by VnEconomy as […]

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Myanmar urged to hike taxes to cut income gap

MYANMAR’S hope for narrowing its inequality gap cannot be realised if the government fails to spend more on key sectors such as education, health and social protection, according to a global index released by Oxfam International yesterday. Myanmar ranks very close to the bottom in both global and regional indexes in “The Commitment to Reducing […]

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Indonesia: Logistics, transportation hamper mandatory B20 use

More than one month into mandatory use of a B20 biodiesel blend, the Energy and Mineral Resources Ministry has admitted that several issues are hampering the effort. The ministry’s energy conservation and renewable energy director general, Rida Mulyana, underlined two main issues — logistics and transportations – particularly because state-owned oil and gas holding company Pertamina demanded […]

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