People can now board a train in Phnom Penh and travel all the way to Poipet, in the border with Thailand, after the last section of the western rail line was officially inaugurated yesterday. Renovation work on the western rail line, which covers 386 kilometres and connects the capital with the Thai border, has now […]
Read MoreMANILA, Philippines — The country’s economic managers remain lukewarm to pursuing more big-ticket projects via public-private partnership (PPP) even as the shift in financing mode from official development assistance (ODA) to other modes is being considered. In a briefing yesterday, Finance Secretary Carlos Dominguez III said should government pull out some projects from ODA financing […]
Read MorePETALING JAYA: The increase in electricity tariff, which can result in an additional cost of more than RM100mil per annum to the iron and steel industry, may impede the recovery of the sector. According to the Malaysian Iron and Steel Industry Federation (Misif), the industry, despite having emerged from the doldrums, continued to operate in […]
Read MoreJAKARTA: Indonesia will review imports of capital goods to help rein in the current-account deficit and stem a deepening currency rout. Finance Minister Sri Mulyani Indrawati said major government projects could be shelved as authorities widen the scope of their efforts to stabilise the currency. The rupiah has slumped more than 5% against the dollar […]
Read MoreMANILA, Philippines — Inflation likely accelerated to a fresh five-year high of 4.9 percent in June due to higher prices of food and “sin” products, the Department of Finance (DOF) said yesterday. In its latest economic bulletin, the DOF said the June inflation may have grown to 4.9 percent year-on-year, faster than the previous month’s […]
Read MoreAsia-Pacific has made the strongest transparency improvement from 2016 compared to the other four regions covered by the latest study conducted by property consultancy firm JLL. According to its newly released biannual Global Real Estate Transparency Index (GRETI) 2018, of the world’s top 10 real estate markets that have registered the biggest improvements in transparency, four are […]
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Thailand
