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Vietnam continues pushing for SOEs divestment

The Hanoitimes – The government is expected to divest funds in a series of state-owned enterprises (SOEs) in the coming time, stated in a recent report of the Ministry of Finance. Additionally, Vietnam has raised VND713 billion (US$31.3 million) from divesting VND676 billion (US$29.7 million) in book value, according to the report.  SOEs subject to divestment […]

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Cambodia: Public debt ‘stays within safe limits’

In the last 24 years, Cambodia has made debt service payments of about $1.14 billion to development partners, while last year alone it repaid about $210 million, according to the Cambodia Public Debt Statistical Bulletin of the Ministry of Economy and Finance released last week. The bulletin said the government last year signed concessional loan […]

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Myanmar: SECM to form special task force to help YSX

The Securities and Exchange Commission of Myanmar (SECM) will form a special task force to help public companies list on the Yangon Stock Exchange (YSX), SECM chair U Maung Maung Win said during the second anniversary of the exchange on Sunday. The main objectives of the special task force are to help public companies list […]

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Indonesia: Ministry Says Domestic Investors Account for 60% of Govt SBN Loan

TEMPO.CO, Jakarta – The government denied a statement from The Institute for Development of Economics and Finance (Indef) that the government debts, which mostly comes from the issuance of government securities (SBN), is controlled by foreign parties. The Finance Ministry said that government debt is still dominated by domestic investors. “That’s not true. It is still dominated […]

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Uber Application to be Shut Down on April 8

TEMPO.CO, Jakarta – Online-based transportation service provider Uber in Southeast Asia will shut down its application following the acquisition to Grab on Monday, March 26. The acquisition of Uber and Grab would cause Uber user to no longer able accessing the application because in the next two weeks, precisely on April 8, the service will be shut down. “After […]

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Thailand: M&A with cryptocurrency?

All stakeholders in the cryptocurrency market have been watching to see how the Thai government responds to the global phenomenon that is virtual currency. But despite all the talk and anticipation of a formal legal framework to regulate cryptocurrency — and contrary to the more accommodating stance the Securities and Exchange Commission has been taking — a […]

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