MANILA, Philippines — Manila and Beijing are expected to close financing deals on two big-ticket infrastructure projects during Chinese President Xi Jinping’s visit to the country this November, the Department of Budget and Management (DBM) said yesterday. In a press briefing, Budget Secretary Benjamin Diokno said the government is preparing to sign with China the […]
Read MoreCYBERJAYA: The new tax which will be announced in the 2019 Budget tomorrow will not be a burden to the people, said Deputy Finance Minister Datuk Amiruddin Hamzah. He said the introduction of the new tax was proposed by the Tax Reform Committee which was established to look into the appropriate actions to be taken […]
Read MoreCambodia’s garment industry saw 69 new factories open in the first nine months of this year. But 32 others closed during the period, said a Ministry of Industry and Handicraft report. Ministry spokesman Oum Sotha who voiced no concern over the possible removal of Cambodia from the EU’s Everything But Arms (EBA) preferential trade scheme, […]
Read MoreA new taxi service with a flat monthly charge of up to 12,000 baht for unlimited trips will be launched in Bangkok next year in response to delays in official fare increases. Worapol Kaemkhunthod, president of the Professional Association of Public Taxi Motorists, said commuters who sign up would pay between 6,500 and 12,000 baht […]
Read MoreMANILA, Philippines — The Philippines is hopeful it can meet with the US to discuss the possibility of a free trade agreement (FTA) during the upcoming Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea in November. “What we are waiting for is the opportunity for (Trade) Secretary (Ramon) Lopez and the USTR (Office of the US Trade […]
Read MoreTEMPO.CO, Jakarta – Rupiah increased 10 points today to the level of Rp 15,192 compared to its previous level, Rp15,202 per USD. CSA Research Institute senior analyst Reza Priyambada today said that the ratification of the 2019 state budget draft bill (RUU APBN) on Wednesday had a positive effect on today’s trade. “Several domestic positive sentiments significantly helped rupiah’s […]
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Thailand
