JAKARTA: Indonesia said on Friday it would allow work on 38 of 40 suspended elevated infrastructure projects, including rail and road works, to resume after they passed a safety review. Indonesia suspended construction after a series of accidents raised concern about safety as the government boosts infrastructure development. Under the drive, a series of projects […]
Read MoreMANILA, Philippines — Domestic manufacturing activities continued to slow in February, weighed down by higher excise taxes imposed at the start of the year, results of the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) survey released yesterday showed. The headline PMI registered a reading of 50.8 in February, the second lowest mark since the survey […]
Read MoreThe annual headline inflation rate eased in February, missing forecasts and keeping below the central bank’s goal, giving policymakers leeway to keep monetary policy loose to aid economic growth. The headline consumer price index rose 0.42% in February from a year earlier, after January’s 0.68% rise, commerce ministry data showed on Friday. A Reuters poll […]
Read MoreTEMPO.CO, Jakarta – PT Mobil Anak Bangsa (MAB), a local producer of electric busses, is reviewing investors` offers from a number of countries. These investors have stated their interest to invest in Indonesia by building battery factories. “We welcome investors’ plans because the existence of battery factories is a crucial issue behind the emergence of the electric buses […]
Read MoreMyanmar will aim to enact its first E- Commerce Law as part of its efforts to meet the goals set by the ASEAN Economic Community (AEC), U Toe Aung Myint, secretary of the Ministry of Commerce (MOC), said during an AEC 2025 workshop in Yangon Wednesday. ASEAN members are targeting having an AEC that is […]
Read MoreThe new rail line between Phnom Penh International Airport and the railway station on Monivong Boulevard is scheduled to open on April 10, according to government and Royal Railways officials. Hoeurn Somnieng, deputy director of the cabinet at the Ministry of Public Works and Transport, said the infrastructure for the project was mostly completed, with […]
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