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Indonesia: Govt to Raise Electricity Tariff in 2020

TEMPO.CO, Jakarta – The government plans to increase electricity tariffs for 12 non-subsidized groups starting in 2020. Thepolicy is expected to reduce the government’s financial burden in the State Budget (APBN). According to regulations, electricity tariff adjustments should be carried out every three months; referring to changes three production cost (BPP) components, which are the rupiah-to-US dollar exchange rate; inflation, […]

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Philippines: Factory gate prices slow down in May

MANILA, Philippines — Factory gate prices grew at a slower pace in May primarily due to easing prices of food manufactures, basic metals and chemical products, the Philippine Statistics Authority (PSA) said yesterday. The Producer Price Index (PPI) for manufacturing rose at a slower pace of 2.7 percent in May from 3.6 percent in April, […]

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Vietnam, US boost customs cooperation

The Hanoitimes – Following the agreement, both sides have agreed to exchange intelligence and share customs data, strengthen cooperation in customs control, and fighting against transnational crimes. Vietnam and the US have stepped up efforts for the signing of government-level agreement on customs cooperation, according to General Department of Vietnam Customs (GDVC). The announcement was made […]

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VN’s ride-hailing app goes overseas

Nguyen Huu Tuat launched a Vietnamese ride-hailing firm a year ago, with dreams of scaling up the business overseas. Many people told him he should develop fully in Vietnam before expanding abroad. Half a year after its launch, FastGo became the first Vietnamese firm in the ride-hailing sector to expand to foreign markets, going some […]

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