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Laos: Govt struggles to address budget deficit

The government has projected that the country’s budget deficit for the first six months of this year could increase to as much as 1.16 trillion kip, intensifying budgetary tension against the backdrop of continuing revenue shortfalls.   If the money to pay the principal amount owed to domestic and foreign creditors is included, Laos will require […]

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Philippines: PCC shortens M&A review period

MANILA, Philippines — The Philippine Competition Commission (PCC) will shorten its review period to 15 days for certain merger and acquisition (M&A) transactions as part of the government’s efforts to improve the ease of doing business in the country. In a resolution issued on May 28 released to the media yesterday, the PCC said the […]

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Indonesian firm to export coal to Bangladesh

Bangladesh is set to import coal for the first time for a power plant as part of efforts to diversify its fuel mix in the electricity generation sector. The Bangladesh-China Power Company signed a deal with an Indonesian firm in Dhaka on Sunday to import coal for the 1,320-megawatt coal-fired Payra power plant in Patuakhali. […]

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