The government yesterday advised gas station owners to set petrol and diesel pump prices at 4,000 riel ($1) per litre until November 15, which means gasoline retailers would absorb 160 riel (four cents) of the cost of crude. According to a statement by the Ministry of Commerce yesterday, Prime Minister Hun Sen told petrol stations […]
Read MoreTransport Minister Arkhom Termpittayapaisith is demanding officials study further an 8% taxi fare hike before he approves the proposal. He had reservations about approving the new rate, which will be applied only when taxis get stuck in bad traffic, with no change to the currently fixed starting fare of 35 baht. The new calculation, unveiled […]
Read MoreThe Energy and Mineral Resources extended on Thursday the temporary special mining permit (IUPK) of gold and copper miner PT Freeport Indonesia (PTFI) as the previous permit issued one month ago expired on Oct. 31. Ministry spokesperson Agung Pribadi told the press at his office in Jakarta on Thursday that the newly issued permit would […]
Read MoreMANILA, Philippines — The government may fail to meet its deficit ceiling for the year even as both revenues and spending are growing beyond their respective targets, according to the Department of Budget and Management (DBM). Budget Secretary Benjamin Diokno said the government’s fiscal deficit for 2018 may fall behind the P523.7 billion target, which […]
Read MoreThe Hanoitimes – The revenue is equal to 89.8% of the year’s plan and 86.74% of the expectation, local media reported. Vietnam’s import-export duty revenue reached VND254.16 trillion (US$10.89 billion) in the first ten months of 2018, up 6.82% compared to the corresponding period last year, according to the General Department of Vietnam Customs (GDVC). The […]
Read MoreSHANGHAI – The upgrade of the free trade agreement between Singapore and China, which has been three years in the making, will likely be signed by both sides later this month in Singapore, said Trade and Industry Minister Chan Chun Sing. “We should be hearing the good news when Chinese Premier Li Keqiang visits Singapore,” he […]
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Thailand
