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Philippines: MICC defers recommendation on lifting MPSA moratorium

MANILA, Philippines — The inter-agency Mining Industry Coordinating Council (MICC) has decided to defer its recommendation involving a moratorium imposed on new mineral agreements pending the passage of a bill which seeks to overhaul the mining industry’s fiscal regime, according to the Department of Finance (DOF). During a meeting last week, Finance Secretary Carlos Dominguez and Environment Secretary Roy Cimatu, co-chairpersons […]

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Laos achieves rice export target to China

THE VIENTIANE TIMES/ANN: Laos has achieved its target for exporting rice to China this month after the IDP Rice Mill of Laos signed a trading agreement with China National Cereals, Oils and Foodstuffs Corporation (Cofco) in November. Last year, the Chinese government agreed to purchase 20,000 tonnes of rice from Laos through Xuanye (Lao) Co […]

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Thailand: BUDGET, TOURISM HIKE TCC CONFIDENCE INDEX

The TCC Confidence Index rose in November to 48.3 from the previous month’s 48.0, thanks to the government budget and rise in the number of foreign tourists during the high season.  Thanavath Phonvichai, director of the Centre for Economic and Business Forecasting at University of the Thai Chamber of Commerce, said the improvement was mainly […]

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