Myanmar will soon set standards to ensure the quality of locally produced and imported steel and iron, a senior official said. U Kan Chun, managing director of No.1 Heavy Industries Enterprise under the Ministry of Planning, Finance and Industry, said standards will be published this year for deformed bar, three types of hot-rolled plate and one […]
Read MoreManila, Philippines — Inflation may likely slow down in the coming months due to lower oil prices, as well as the impact of the recent outbreak of the 2019 novel coronavirus (nCoV), the Department of Finance (DOF) said yesterday. In a report, Finance undersecretary and chief economist Gil Beltran said the decline in global oil […]
Read MoreWITH Vietnam’s rising need for infrastructure, private investment can play an increasingly important role, said Moody’s Investors Service in its Feb 6 infrastructure and project finance report, Infrastructure in Emerging Markets: Focus on Vietnam. With a relatively high public debt burden and nascent capital markets, Vietnam has been aiming to increase public-private partnerships and foreign direct […]
Read MoreSOME Singapore-listed housing developers can now apply to be exempted from the Qualifying Certificate (QC) rules imposed on foreign housing developers, provided they have a “substantial connection to Singapore”. This will spare them from having to pay hefty extension charges if they cannot meet stipulated deadlines to complete developing their projects and selling all the […]
Read MoreCambodia plans to export milled rice to Kuwait, according to senior officials at the Ministry of Commerce, in what was described as market diversification. The ministry announced the purchase agreement has been scheduled for signing next month. “The Ministry of Commerce is trying to seek more markets for exporting milled rice. In March this year […]
Read MoreBank Indonesia (BI) has injected about Rp 25 trillion (US$1.82 billion) into the country’s financial markets as investors sell off assets over fears that the rapidly spreading coronavirus will hurt the global economy. BI Governor Perry Warjiyo said on Wednesday that the central bank had been buying government bonds in the market to stabilize prices […]
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Thailand
