SINGAPORE – Catalist-listed mining group Anchor Resources said on Wednesday (Aug 15)that its subsidiary, Stonetrade, has entered into an agreement to supply 3.6 million tonnes of granite aggregates in the next four years at B$21 per tonne to SIVLI, a Bruneian construction firm. The price per tonne is subject to adjustments and the total contract […]
Read MoreThe Finance Ministry recorded Rp 4.25 quadrillion (US$290.33 billion) of government debt in July, slightly higher than the figure in the previous month, said Finance Ministry financing and risk director general Luky Alfirman on Tuesday. He said the figure was equal to 29.74 percent of the country’s gross domestic product (GDP), lower than 29.79 percent […]
Read MoreBBIX Thailand, a newly formed joint venture between two IT giants, plans to offer its services in Cambodia, Laos and Myanmar in the near future, according to a company representative. The company was established last week by Japan-based BBIX, an internet exchange service provider under Softbank Corp., and True Internet Data Center, a leading Thai […]
Read MoreMANILA, Philippines — Monetary and fiscal authorities vowed swift and timely action amid the extraordinarily volatile markets due to external and domestic headwinds that continue to affect the Philippines. Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. said the Financial Stability Coordination Council (FSCC) continues to assess potential risks to the stability of the local financial system. Espenilla, who is also […]
Read MoreMyanmar and Thailand yesterday signed several agreements which further cemented ties between the two countries. These included a bilateral airline agreement, inked at the Myanmar Foreign Minister’s office, as well as a second agreement to improve an existing shrimp breeding zone with the aim of facilitating development in Rakhine State. The agreements were signed after […]
Read MoreKUALA LUMPUR: The ringgit slid further against the US dollar in early trade today, reaching an eight-month low amid escalating tension between Washington and Ankara. At 9 am, the local note was traded at 4.0970/1000 versus the greenback from yesterday’s close of 4.0950/1000. Hermana Capital Bhd Chief Executive Officer and Chief Investment Officer Datuk Nazri […]
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