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Myanmar: Petroleum trade group urges govt to enforce regulation

Myanmar Petroleum Trade Association (MPTA) secretary U Win Myint has expressed the need for the government to strictly enforce the recently enacted petroleum and petroleum products law in light of the widespread practice of retailers selling a mixture of imported and local fuel. Dr Myint stated the practice was tarnishing stations which adhere to the law and sell […]

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Vietnam: New regulations drafted for market price data reporting

The Hanoitimes – The Ministry of Finance (MoF) is drafting a circular on collecting and reporting market prices in a move to standardize the information and better control the country’s inflation. The list of commodities and services subjected to the newly-recommended market price reporting regime includes essential commodities that can represent groups of goods and services […]

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Philippines: Peso depreciation negative for Phl — Moody’s

MANILA, Philippines — The continued depreciation of currencies against the dollar is credit negative for countries with large external funding needs including the Philippines, Moody’s Investors Service said. In its latest Asia Pacific report titled “Currency depreciation will weigh on sovereigns with high external funding needs,” the debt watcher said. Emerging markets and some frontier […]

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