TEMPO.CO, Jakarta – Finance Minister Sri Mulyani endorsed a World Bank assessment that in order to achieve its development goals, Indonesia must significantly improve the quality of its public expenditure. “Proper budget allocation is important but equally important is how it will be spent,” said Sri Mulyani, at the launch of the World Bank’s Indonesia Economic Quarterly-Sustaining […]
Read MoreTEMPO.CO, Jakarta – The tariff team led by Fiscal Policy Agency (BKF) of Finance Ministry will determine tariff on mineral and coal exports after the government relaxed the regulation thereof. Heru Priambudi, Director General of Customs and Excise at the Finance Minister, said that he continues to monitor the decision which will be made today, […]
Read MoreTEMPO.CO, Jakarta – The government welcomes investments in the coal-gas conversion (gasification) industry. The Industry Ministry’s director general of chemical, textile and various industries (IKTA) Achmad Sigit Dwiwahjono said Indonesia’s gasification potential is huge, considering the country’s large volume of low-grade coal reserves. “Low-grade coal can produce dimethyl ether, which can replace liquefied petroleum gas (LPG). […]
Read MoreTHE INCREASING quantity of remittances sent back home by overseas Vietnamese over the past few years has helped the country offset its trade deficit, reduce poverty and improve recipients’ living standards. Currently, nearly 4.5 million Vietnamese people are living and working in over 100 countries and territories around the world. In 2000, Vietnamese expatriates sent […]
Read MoreLYCAMOBILE AND ENABLING ASIA TECH IN APPROACHES TO STATE FIRM BRITISH COMPANY Lycamobile and Enabling Asia Tech from Malaysia have approached state telecoms company TOT on possible partnership deals, said Rungsun Channarukul, TOT’s senior executive vice president for the mobile unit. Lycamobile wants to be the state agency’s MVNO (mobile virtual network operator) partner, while […]
Read MoreBID TO MEET HIGH DEMAND IN GLOBAL MARKET AND TO ALSO BOOST THE INCOME OF GROWERS WITH RISING global concerns about health and ageing societies, the Commerce Ministry has decided to promote Thai herbs internationally with the aim of increasing farmers’ income. Commerce Minister Apiradi Tantraporn said that as the government had a policy to […]
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Thailand
