KUALA LUMPUR: The government has yet to finalise the direction for the East Coast Railway Line (ECRL) project in respect of whether to continue with it or otherwise, and is dependent on discussions currently underway. Finance Minister Lim Guan Eng said the Selangor state government had opposed the project as the rail network from Gombak […]
Read MoreThe Hanoitimes – The equity internal rate of return (EIRR) of the project shall be not less than 12%, stated B.Grimm Power. The board of directors of B.Grimm Power, the power generation arm of Thailand-headquartered B.Grimm Group, on August 10 approved the investment in 257-MW solar power plant project in Vietnam, announced the company in a […]
Read MoreSINGAPORE – Catalist-listed mining group Anchor Resources said on Wednesday (Aug 15)that its subsidiary, Stonetrade, has entered into an agreement to supply 3.6 million tonnes of granite aggregates in the next four years at B$21 per tonne to SIVLI, a Bruneian construction firm. The price per tonne is subject to adjustments and the total contract […]
Read MoreThe Finance Ministry recorded Rp 4.25 quadrillion (US$290.33 billion) of government debt in July, slightly higher than the figure in the previous month, said Finance Ministry financing and risk director general Luky Alfirman on Tuesday. He said the figure was equal to 29.74 percent of the country’s gross domestic product (GDP), lower than 29.79 percent […]
Read MoreBBIX Thailand, a newly formed joint venture between two IT giants, plans to offer its services in Cambodia, Laos and Myanmar in the near future, according to a company representative. The company was established last week by Japan-based BBIX, an internet exchange service provider under Softbank Corp., and True Internet Data Center, a leading Thai […]
Read MoreMANILA, Philippines — Monetary and fiscal authorities vowed swift and timely action amid the extraordinarily volatile markets due to external and domestic headwinds that continue to affect the Philippines. Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. said the Financial Stability Coordination Council (FSCC) continues to assess potential risks to the stability of the local financial system. Espenilla, who is also […]
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