The company behind the Jakarta-Banding high-speed railway project PT Kereta Cepat Indonesia Cina (KCIC) has said that land acquisition for the project reached 80 percent in October. KCIC president director Chandra Dwiputra added that the acquisition of the other 20 percent was expected to be completed by the end of this year. “The remaining 20 […]
Read MoreKUALA LUMPUR: Affin Hwang Capital Research does not expect a sovereign rating downgrade on Malaysia in spite of the high possibility of the government resetting the fiscal deficit to a higher level temporarily due to extraordinary circumstances. Its chief economist and head of research Alan Tan said the rating agencies are likely to sustain their […]
Read MoreThe General Department of Taxation (GDT) has announced that it aims to increase revenue from tax collection by 19 percent with a new strategy for the next four years based on sustainability and fair competition in the private sector. The tax authority revealed its plans during a meeting with the private sector as part of […]
Read MoreThe Hanoitimes – Many foreign firms have continued enlarging their business and production operations in Vietnam as they forecast a rosy outlook in the market. South Korea’s ActRo Vina Ltd. Co, which specializes in manufacturing and processing camera accessories for mobile phones and other electronic devices, has recently started to build its second production facility in […]
Read MoreLocal property developer Mottama Holdings yesterday held a topping out ceremony for its project, M Tower, which is the first high-rise steel-structured office building in Myanmar. More than 8000 tonnes of steel is being used to construct the 26-storey, 111-metre tall building, which will be fully complete by 2020, said U Yang Ho, chair of […]
Read MoreMANILA, Philippines — The growth in domestic money supply decelerated in September amid a slowdown in bank lending expansion, according to the Bangko Sentral ng Pilipinas. Preliminary data from the BSP showed money supply, also known as M3, grew by 9.7 percent to P11.16 trillion as of end- September from the P10.17 trillion recorded in the […]
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Thailand
