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Indonesia: Forex Reserves up 13.6 Percent in January

TEMPO.CO, Jakarta – Bank Indonesia (BI) said the national foreign exchange (forex) reserves at the end of January reached US$131.98 billion. The figure represents a 1.36-percent monthly increase from December 2017’s US$130.20 billion. BI’s executive director for communications Agusman said the forex reserve increase was largely due to an increase in tax revenues and the government’s share […]

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Vietnam: MARD announces new criteria for strategic investors in Vinafood 2 equitization

The Hanoitimes – The Ministry of Agriculture and Rural Development (MARD) has approved the criteria for choosing strategic investors at Vietnam Southern Food Corporation (Vinafood 2), said the company in its latest announcement. Notably, the revised plan has introduced new criteria compared to Vinafood 2’s previous proposals.  Specifically, strategic investors (foreign and domestic enterprises alike) are […]

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Myanmar: KNU makes four demands on Dawei-Thai border highway

Are the demands “too little too late”?  THE Karen National Union (KNU) has made four demands to Nay Pyi Taw and relevant governments and companies regarding the Dawei project: environmental and social impact assessments must be done fairly, negotiation with stakeholders must comply with applicable government, KNU and international laws; free, prior and informed consent […]

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