Cambodia’s business environment retained a positive outlook during the commune elections held yesterday, with several experts saying they expected the Kingdom’s economy to benefit from continued political stability. Despite at times heated rhetoric and threats of violence, political campaigning leading up to the commune elections remained peaceful and without any major altercations, with unofficial preliminary […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati signed a Minister’s Decree on the government’s access to taxpayers’ financial records as an implementation of Government Regulation No 1/2017 on the access to financial data for taxation purposes. Sri Mulyani explained that the regulation is an implementation of a policy on automatic exchange of information (AEoI) for […]
Read MoreMANILA, Philippines – The Philippines and Indonesia are set to ink an agreement this weekend to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said a letter of intent (LOI) on the […]
Read MoreThe biggest gas-fired power plant, with a capacity of 225 megawatts, will start operations in December this year in the Taungtha and Myingyan district in Mandalay Region, a senior official from the Ministry of Electricity and Energy (MOEE), told The Myanmar Times. The project, which is estimated to involve US$300 million (K410.18 billion) investment, is led by the Singapore-based Sembcorp, […]
Read MoreLand plots in zone B of the Thilawa Special Economic Zone (SEZ) will be put on lease shortly because of high demand from investors, despite the issue of power outages in the area, according to Takashi Yanai, president of Myanmar-Japan Thilawa Development Limited (MJTD). Mr Yanai said 95 percent of the land plots have been […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency (BPS) today announced that the inflation rate in May 2017 stood at 0.39 percent with the Consumer Price Index (IHK) stood at 128.83.BPS head Suhariyanto explained that as many as 70 cities experienced inflation, while 12 others had deflation. “Prices are increasing, and the inflation rate in May […]
Read More
Thailand
