More than 100 accounts of Myanmar citizens frozen by the Agricultural Bank of China in Yunnan province last week will be reopened if they are not connected to online gambling, Yunnan’s vice governor said at a meeting Sunday with Myanmar Ministry of Commerce officials. The meeting was held at Ruili, China, according to U Yan […]
Read MoreA commuter rail service that runs from Phnom Penh’s central district to beyond its airport has slowly gained traction since it launched three months ago, raising the possibility that it could be expanded to connect the capital’s biggest industrial park. The service, which runs three times per day, is typically used by villagers who live […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati said that tax revenue target this year will not be achieved. She predicts a tax revenue shortfall of Rp59.1 trillion. This year’s tax revenue is expected at Rp1,248.5 trillion, whereas the target was set at Rp1,307.6 trillion. To make up the shortfall, Sri said that the government will […]
Read MoreHCM CITY — With double-digit growth annually, Vietnam has a promising cosmetics industry for foreign firms seeking to expand overseas, experts have said. Vietnam’s cosmetics industry, where imports make up 90 per cent of sales, saw a revenue estimated at US$1.2 billion last year, Nguyen Van Minh, deputy chairman of the Vietnam Essential Oils, Aromatherapy […]
Read MoreMANILA, Philippines – The government is set to borrow P889.7 billion from local and foreign lenders in 2018 to plug the budget shortfall, the Bureau of the Treasury (BTr) said yesterday. In an interview, National Treasurer Rosalia de Leon said the amount is 22.27 percent higher than the P727 billion revised debt ceiling for 2017. […]
Read MoreThai businesses invested a record $13 billion (442 billion baht) abroad in 2016, dwarfing inflows of $1.6 billion (54.4 billion baht), according to the United Nations Conference on Trade and Development. Investment abroad totalled $2.9 billion (98.6 billion baht) in January to April, according to the central bank. This was a unique Thai action. In […]
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