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EU puts Myanmar on money-laundering blacklist

The European Commission has added Myanmar to its list of states that pose high risks to the bloc’s financial system today (May 7) because of anti-money laundering and terrorism financing deficiencies. Cambodia, Barbados, Botswana, Ghana, Jamaica, Mongolia, Nicaragua and Zimbabwe are also included in the latest EU listing. Laos, Bosnia-Herzegovina, Ethiopia, Guyana, Sri Lanka and […]

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Indonesia: PLN admits new calculation method causes increase in electricity bills

State-owned electricity company PLN acknowledged that the use of a new calculation method had caused an increase in electricity bills in April. PLN Jakarta general manager Ikhsan Asaad said on Wednesday that his office had addressed 2,200 complaints related to high electricity bills within the capital for the previous month. Ninety-four percent of the increases were proportional to […]

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