SINGAPORE: Oil prices rose early on Monday as futures traders bet the market may have bottomed after a recent steep fall, even as physical markets remain bloated by oversupply, especially from a relentless rise in U.S. drilling. Brent crude futures were trading at $48.44 per barrel at 0101 GMT, up 29 cents, or 0.6, from […]
Read MoreLaos’ budgetary tensions have forced the government to cut spending in State investment projects in a move to prevent the country from being dragged further into chronic debt. Therefore some new State investment projects planned for this year might be postponed until next year following the government’s projection that the country’s revenue collection will attain […]
Read MorePHNOM PENH (Xinhua) – Cambodia exported 257,637 tonnes of milled rice in the first five months of 2017, up 10 per cent compared with the same period last year, according to the latest report on Saturday. The Southeast Asian nation exported its rice to 57 countries and regions around the world, said the report compiled […]
Read MoreA SIGNIFICANT Memorandum of Understanding (MoU) was signed last month to set up a strategic public-private partnership (PPP) for the development of a Special Economic Zone (SEZ) in Brunei Darussalam. The MoU was signed between CFLD (Singapore) Investment Pte Ltd, the government of Brunei Darussalam and Darussalam Assets Sdn Bhd (DA) in a signing ceremony […]
Read MoreThe restrictive licensing requirements for hospitality accommodation in Myanmar can drive conflict in communities which are having more international visitors, according to a publication by Business Innovation Facility. The Do No Harm: A Toolkit for the Tourism Industry developed by the UK aid-funded Business Innovation Facility (BIF) in Myanmar, in collaboration with non-profit organisation CDA […]
Read MorePoorly managed large-scale or intensive tourism development can negatively affect communities, such as land confiscation, environmental destruction and exploitative jobs, the newly published Do No Harm toolkit for Myanmar’s tourism sector stated. The publication was published by UK aid-funded Business Innovation Facility (BIF) in Myanmar, in collaboration with non-profit organisation CDA Collaborative Learning Projects, to […]
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