The Energy and Mineral Resources Ministry expects to name the operators of seven oil and gas blocks, including four onstream blocks, in November. The four onstream blocks are South Jambi B, Selat Panjang, Makassar Strait and West Kampar, while the three exploration blocks are Banyumas, Andika Bumi Kita and Southeast Mahakam. “We have decided to […]
Read MorePETALING JAYA: Maybank IB Research has raised its 2018 and 2019 headline inflation rate forecasts to 1.0%-1.5% and 2.0-2.5% respectively. The research outfit said on Thursday that both headline and core inflation rates in January-August 2018 were subdued at +1.3% y-o-y and +1.1% y-o-y respectively. Given the year-to-date inflation rate, the end of “consumption tax […]
Read MoreThe Hanoitimes – Favorable stock market and positive economic growth have helped large banks to step up divestment from other peers to meet the central bank’s regulation on holding shares at other credit institutions. After success in divesting all stake holding in Orient Commercial Bank (OCB) recently, Vietcombank will put 53.4 million shares of Military Bank […]
Read MoreELIGIBLE holders of Thai international passports will be able to opt into the frequent traveller programme from Monday, Sept 24, onwards, the Immigration and Checkpoints Authority (ICA) said on Thursday. Thai passport holders who are part of the programme will be able to use the automated immigration clearance facilities at Singapore’s checkpoints. Currently, eligible holders […]
Read MoreMANILA, Philippines — The country can still attain its poverty reduction goals despite the adverse effect of soaring consumer prices on the poor, according to the National Economic and Development Authority (NEDA). Socioeconomic Planning Secretary and NEDA chief Ernesto Pernia said the country has plenty of time to catch up on poverty reduction efforts slowed down by the spike […]
Read MorePETALING JAYA: Helped by an easier rise in the prices of fuels, Malaysia’s inflation moderated to its slowest pace in 42 months in August, lower than consensus estimates. This, according to economists, strengthens expectations that Bank Negara will keep interest rates unchanged at the current “accommodative” level till the end of this year amid the need to balance between the risks […]
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