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World Bank retains 6.9% growth forecast for Philippines

MANILA, Philippines – The World Bank retained yesterday its 2017 growth projection of 6.9 percent for the Philippines but slightly revised downward its outlook for 2018. The multilateral development bank said the domestic economy is likely to sustain a 6.9 percent growth in 2018 – down from its December projection of seven percent – and […]

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Indonesia is Safe for Investment, VP Jusuf Kalla Says

TEMPO.CO, Jakarta – Vice President of the Republic of Indonesia Jusuf Kalla has ensured that Indonesia’s political situation is stable and there is no major turmoil that would hamper investment. VP Jusuf Kalla conveyed the message in his opening speech at The 3rd Islamic Development Bank Member Countries Sovereign Investments Forum in Nusa Dua, Bali, […]

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Cambodia: Regulator pushes for corporate governance

The vast majority of local companies lack corporate governance standards and provide insufficient business information, requiring investors and regulators to do heavy due diligence work that stops businesses from tapping into additional funding sources, officials said yesterday. Speaking at the opening of a two-day education seminar on corporate governance and transparency, Sou Socheat, director of […]

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