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Singapore, China sign MOU to boost collaboration in Belt and Road Initiative

BEIJING: Singapore and China signed a Memorandum of Understanding (MOU) on Third-party Market Cooperation in Beijing on Sunday (Apr 8) to promote greater collaboration between Singapore and Chinese companies in third-party markets along the Belt and Road. Minister for National Development and Second Minister for Finance Lawrence Wong and China’s National Development and Reform Commission […]

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Indonesia: Official confirms subsidized fuel shortage

Deputy Energy and Mineral Resources Minister Arcandra Tahar said in Jakarta on Monday that there was a shortage of subsidized Premium-brand gasoline in gas stations in many parts of the country, including those in Sabang, Aceh and in Merauke, Papua. “We realize the Premium scarcity. There is a shortage in supply from Pertamina,” Arcandra said […]

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Thailand: Digital ID ‘will be boon to economy’

A NATIONAL digital ID platform is coming soon, and its arrival will allow people online to open bank account, apply for loans and enjoy the services of other businesses and government agencies, says a key developer. The national digital identification infrastructure will bring the Thai economy to another level due to expected massive cost savings […]

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Indonesia: Odd-even traffic policy reduces congestion by 32.4 percent

The implementation of the odd-even traffic policy has reduced traffic congestion along the Jakarta-Cikampek toll road. But motorists have not shifted to public transportation, preferring to seek alternative routes instead, according to an evaluation following three weeks of the policy’s implementation. Before the policy was enforced, as many as 8,806 vehicles passed through the West and East Bekasi toll road gates. After three weeks […]

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