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Philippines: Tax amnesty bill eyed for passage in June 2018

MANILA, Philippines — The Department of Finance (DOF) is seeking the approval of Congress for the proposed tax amnesty bill by June, Finance Secretary Carlos Dominguez said yesterday. During the 65th Rural Bankers Association of the Philippines (RBAP) national convention in Davao City, Dominguez said the government is pursuing the passage of the succeeding packages […]

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Malaysia: Grab inks tie-up with Maybank for e-payment

KUALA LUMPUR: Ride-hailing company Grab has teamed up with Malayan Banking Bhd  (Maybank) for its Grab’s new cashless payment method, the GrabPay mobile wallet.  Grab, which has morphed into a fintech platform, said on Monday with the partnership and support of Maybank, its consumers will also be able to eventually use their mobile wallet at Maybank’s key […]

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Malaysia says to review rail project to Singapore, ECRL

KUALA LUMPUR: Malaysia will review the implementation of mega projects such as the high speed rail line to Singapore, and a $14 billion rail project connecting the country’s east and west coasts, state news agency Bernama reported on Tuesday, citing the economic affairs minister. Datuk Seri Mohamed Azmin Ali also said the government will ensure projects […]

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Indonesia: Transportation Ministry Selects 3 Contractors for Patimban Port

TEMPO.CO, Jakarta – The Ministry of Transportation has selected three Patimban Port contractors located in Subang, West Java. The three companies are the two state-owned enterprises (BUMN) and one Japanese company. “The contractors are Penta-Ocean Construction (Japan), PT Wijaya Karya Tbk, and PT PP (Housing Development),” Budi said after visiting Buntet Islamic School in Cirebon, West Java, Sunday, May […]

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Thailand: Siemens still high on natural gas

While coal is highly controversial and it will take a while before batteries capable of storing energy from renewables come into play, natural gas remains readily available, reliable and burns relatively “clean”.  The fuel is expected to maintain or even increase its share in conventional gas-based power generation in the years to come as technologies […]

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