MANILA, Philippines — Government spending on infrastructure continued to grow year-on-year last November, but at a slower pace compared to the spending growth recorded in the previous month, the Department of Budget and Management (DBM) reported yesterday. According to the latest disbursement report of the DBM, spending for infrastructure and other capital outlays in November last year rose by 43.6 percent […]
Read MoreAsia is a top location for investors looking to start a business with some of its main advantages being the available talent pool and investment opportunities – which are growing due to the fact that the region has a large population and it is ever evolving and innovating. The business environment differs between various Asian countries but what they […]
Read MoreState-owned lender Bank Mandiri has signed a cooperation agreement with state-owned postal company PT Pos Indonesia to enable its customers to top up their pre-paid e-money cards at all outlets of the postal company across the country. “Bank Mandiri will also cooperate with other organizations to give customers more alternatives to top up their cards,” […]
Read MoreThe Excise Department is poised to impose a low tax on mild hybrid cars to promote manufacturing of electric vehicles (EVs) in Thailand, says the head of the department. The move came after the Industry Ministry proposed to the Excise Department that mild hybrids could add value to EVs, said Patchara Anuntasilpa, director-general of the […]
Read MoreHANOI – The net value of foreign capital flowing into Vietnam’s equity market in 2018 hit US$2.8 billion, according to State Securities Commission vice chairman Pham Hong Son. That figure was almost 2.3 times the figure of $1.23 billion in 2017 and set up a new record high of net foreign purchases since 2008, Son said at a meeting on […]
Read MoreA construction team composed of 200 workers from China has arrived in the Kingdom to begin work on an expressway that will connect Phnom Penh and Sihanoukville, with the groundbreaking ceremony expected before the end of March. Transport Minister Sun Chanthol said recently that $100-million worth of construction materials will be imported into Cambodia before […]
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