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Indonesia – Pertamina: More than Rp800bn Needed for One-price Fuel Policy

TEMPO.CO, Jakarta – State-owned energy company PT Pertamina Secretary Syahrial Mochtar stated that the fund required to realize one-price fuel policy nationwide reaches Rp800 billion. “It is likely to increase due to the implementation of the policy in Papua,” he said in Yogyakarta on Saturday (28/10). The large amount of fund released by Pertamina, Syahrial continued, is part of the corporation’s job not only to seek profit, but also […]

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Indonesia: Labors Demand US$5 Rise

TEMPO.CO, Jakarta – Jakarta Provincial Executive Board of Indonesian Metal Workers Federation (DPW FSPMI) threatened to deploy thousands of labors to rally in Jakarta city hall on Tuesday (31/10) demanding a rise in provincial minimum wage (UMP). They demanded Jakarta Governor Anies Baswedan to realize his statement on raising Jakarta UMP as much as US$50 equals to Rp650,000. FSPMI also demanded Anies to disregard […]

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Philippines: Infra spending builds up to P391.2 B in 9 months

MANILA, Philippines — The government spent P142.1 billion for infrastructure projects in the third quarter, up 15.4 percent from P123.2 billion in the same period last year, the Department of Budget and Management (DBM) reported yesterday. The amount also exceeded by 3.1 percent the government’s quarterly infrastructure spending program of P137.8 billion. For the first […]

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Laos: Govt orders action to improve investment climate

The government has told ministries to speed up improvements to the investment climate and remove barriers to goods transport, the government spokesman said yesterday. Speaking at a press conference, Dr Chaleun Yiapaoher said that the cabinet, in its monthly meeting for October, entrusted the Ministry of Planning and Investment to work with the relevant ministries […]

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Myanmar: Will the government heed civil society’s advice on SEZs?

Existing legislation and governance structures covering the development and operation of Special Economic Zones (SEZs) in Myanmar and Cambodia have been skewed toward the interests of investors but against those of locals and the environment, according to an October report by civil organisations Paung Ku, Dawei Development Association, Tavoyan Women’s Union, Myanmar SEZs’Watch, EarthRights International […]

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Vietnam: Firms wary of switch to e-invoices

HANOI — The Ministry of Finance is drafting regulations on e-bills and will ask the Government to set a deadline of July 2018 for businesses to switch over from paper. But local businesses say they don’t have the information technology resources to meet the proposed deadline. Their concerns were heard at an online discussion on […]

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