The Hanoitimes – Prime Minister Nguyen Xuan Phuc recently signed a decision to ease regulations on granting guarantee for new domestic and foreign loans taken by enterprises. Under Decision No. 433/QĐ-TTg signed on April 20, the government will only limit its guarantee for new domestic and foreign loans of enterprises to implement their investment projects, instead […]
Read MoreSINGAPORE – Maritime Singapore is ramping up efforts at developing human capital for the seafaring industry. A tripartite agreement signed on Monday (April 23) aims to help develop a future-ready pool of seafarers and equip them with the skills to cope with trends towards digitalisation and automation in the maritime sector. The Maritime and Port […]
Read MoreGovernment spending surged in March, a Cabinet official said on Monday, resulting in a substantially higher first quarter budget deficit. Quoting a preliminary Bureau of the Treasury report, Finance Secretary Carlos Dominguez 3rd told reporters that the January-March shortfall had reached P162.2 billion. “[It] is P57.8 billion lower than program with good revenue performance,” he […]
Read MoreCoordinating Economic Minister Darmin Nasution has called for calm over the rupiah weakening against the US dollar, saying that such a development has both a positive and negative impact. “I will say, there is such a development. But don’t worry too much,” Darmin said at his office in Jakarta on Monday as quoted by kontan.com. He said the […]
Read MoreFunds will be collected from a tax on telecoms operators starting in June to extend the telecommunications network to remote areas of the country that do not yet have access, said an official of the Ministry of Transport and Communications. The Telecommunications Law, section 54 states that the ministry can establish and supervise a Universal […]
Read MoreThailand’s exports continued to grow in March, albeit at a slower pace, helping first quarter shipments rise 11.3%, the highest in seven years. The Commerce Ministry reported Monday the country’s customs-cleared exports grew for the 13th straight month in March, up by 7.06% year-on-year in March after increasing 10.3% in February. Shipments last month fetched the […]
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