(KPL) The Ministry of Finance has admitted that the government faced a deficit of government budget of over 950 billion kip in the first quarter of this fiscal year. This was reported by the Minister of Finance, Mr Somdy Douangdy, at the 3rd Ordinary Session of the National Assembly (8th legislature) which opened on Tuesday […]
Read MoreThe corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the Ministry of Planning and Investment. According to Pham Dinh Thuy, Director of the Office’s Industrial Statistics Department, the global development crisis has taken a toll […]
Read More(KPL) Laos’ gross domestic product last year saw a growth of only 7 percent, amounting to 108,605 billion kip (USD 13.27 billion) that was lower than the expected 7.5 percent, as a consequence of the global economic turndown, a decrease in copper prices and climate change. The Minister of Planning and Investment, Mr Souphanh Keomixay, […]
Read MoreTEMPO.CO, Jakarta – The Trade Minister last week approved the extension of T.00 copperconcentrates export permit filed by Freeport Indonesia. The permit will be effective until February 16, 2018. “Export approval letter has been issued,” the ministry’s director general of foreign trade Oke Nurwan told Tempo on the weekend. Oke said that Freeport filed for […]
Read MoreMANILA, Philippines – The Philippines is embarking on necessary reforms aimed at creating a business environment that is more conducive to investments as it targets to become a foreign direct investment (FDI) powerhouse in the region. “Definitely we will have a stronger position as one of the most preferred FDI destinations in the region, with […]
Read MoreVietnam is targeting keeping public debt, comprising central government debt, government-backed loans, and local government debt, below 65 percent of GDP between 2016 and 2018. The programme is meant to keep loans at acceptable expenses and risk level to ensure state budget balance and socio-economic development. It aims to keep the allocation and use of […]
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Thailand
