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Quang Nam boosts cooperation with Lao localities

Quang Nam (VNA) – Chairman of the Planning, Finance and Audit Committee of the Lao National Assembly Vilayvong Budakham hoped the central province of Quang Nam will continue increasing cooperation with Lao localities. During a meeting with Secretary of the provincial Party’s Committee Nguyen Ngoc Quang in Quang Nam on June 28, the Lao official recognised […]

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Indonesia: Number of Homecoming Travelers by Plane Increases 11.57 Percent

TEMPO.CO, Jakarta – The number of homecoming travelers by plane on the second day of Eid al-Fitr increases by 11.57 percent.  Transportation Ministry secretary-general Sugihardjo said today that the increase was attributable to two things: stronger people’s purchasing power and infrastructure development. In addition, the number has increased owing to extra flights offered by airlines. “More frequent flights were […]

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Myanmar: Traders repeat calls for tax reduction

Businesses in jade and gemstone sector have, again, asked for tax reduction, and have set out recommendations for the government with the aim to make Myanmar competitive in gemstone export. During a meeting last week, the vice president and the minister of the Ministry of Planning and Finance have been requested by various businesses in the jade, gemstone […]

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Singapore: MAS to make it easier for banks to invest in non-financial businesses

SINGAPORE: Banks will soon find it easier to invest in non-financial businesses with the Monetary Authority of Singapore (MAS) looking at easing regulations. The upcoming policy change was announced on Tuesday evening (Jun 27) as the authority seeks to update its framework separating banks’ financial and non-financial business. Speaking at the 44th annual dinner of the Association […]

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Philips to buy US Spectranetics in 1.9 billion euros deal

Philips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including debt, in a deal agreed with the company’s boards. Philips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including […]

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