Emerald Resources, the Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province, will start its first large-scale gold project in the Kingdom in early 2020. Ministry of Mines and Energy spokesman Yos Monirath who said this, added that the firm obtained an industrial mining licence in July and actively raised funding to develop […]
Read MoreThe Hanoitimes – According to the funds, though the FOL is raised to 100 percent under Decree No.60/2015/ND-CP, it still prevents foreign investors from pouring funds into the conditional business lines. Many foreign investment funds expect the State Securities Commission (SSC), the country’s stock market watchdog, to supplement and revise some provisions of the draft Law […]
Read MoreMANILA, Philippines — Inflation likely slowed to 6.5 percent in October due to declining prices of rice and other food items, according to the Department of Finance. In his latest economic bulletin, Finance Undersecretary and chief economist Gil Beltran said year-on-year inflation last month may have eased to 6.5 percent from the 6.7 percent recorded […]
Read MoreThe government of Myanmar has launched a major investmentdrive centred on Asian countries in the face of declining interest from the West. “We must be proactive and seek the sort of investment that is good for the country,” Thaung Tun, head of the Myanmar Investment Commission (MIC), who is spearheading the campaign, told Asia Focus in an exclusive interview. A […]
Read MoreJAKARTA: Indonesia’s economic growth slowed in the third quarter, losing momentum after the previous quarter’s pick up and pointing to tougher conditions for the Southeast Asian economy, which has struggled with outflows from its financial markets. Gross domestic product (GDP) expanded 5.17% in the July-September quarter from a year earlier, the statistics bureau said on […]
Read MoreThe Agriculture Ministry is confident that the domestic price and supply of chilies will remain stable and adequate during the Christmas and New Year holidays, thanks to the collaboration of major chili farmers in key producing regions. “These champion chili farmers are the key to maintaining an adequate supply,” said Mardiyah Hayati, the Agriculture Ministry’s head of chili, vegetables and fruit division, on Saturday as […]
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Thailand
