KUALA LUMPUR: Blue chips put up a lacklustre performance early Thursday awaiting fresh catalysts to drive the market which had seen foreign funds snapping up stocks while local institutions and retailers took profit in March. At 9.44am, the KLCI had shed 0.07 of a point to 1,750.34. Turnover was 579.61 million shares valued at RM206.43mil. […]
Read MoreThere is great potential for organic food production in Viet Nam, but the industry faces a number of challenges, experts said. “International customers expect a very high quality of Vietnamese shrimp and other products, and prioritise organic products,” Christian Henckes, programme director of the Integrated Coastal Management Programme implemented by the German Development Agency (GIZ) […]
Read MoreTEMPO.CO, Jakarta – Head of Fiscal Policy in the Ministry of Finance, Suahasil Nazzara, said that the state revenue decline from the oil and gas sector sparked the urge to push tax revenues. He argues that it isn’t the time anymore to depend on revenues generated by the oil and gas sector. “That era of […]
Read MoreWhile a year has passed since the new government proclaimed “It’s time for change”, there’s no evidence of substantive changes for the private sector. Bureaucracy, lack of policy clarity and political uncertainty have dampened the mood of businesses. One year has almost passed since the new government took office with the slogan that shouts “It’s […]
Read MoreChinese e-commerce giant Alibaba Group plans to set up an electronic logistics hub in Thailand’s Eastern Economic Corridor (EEC) for distribution of its goods to the Asean region, says a senior EEC official. Kanit Sangsubhan, the secretary-general of the EEC Office, said Alibaba’s investment in the EEC will be done through its subsidiary, Lazada Group. […]
Read MorePrime Minister Nguyen Xuan Phuc last month issued Decision No 168/QD-TTg approving a five-year (2016-20) restructuring plan for the electricity sector. Dinh Quang Tri, deputy general director of Electricity of Vietnam (EVN), tells Vietnam News Agency that the plan envisages increased transparency and competition in the sector. What is the role of EVN in the […]
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