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Philippines: Government still lukewarm to PPP

MANILA, Philippines — The country’s economic managers remain lukewarm to pursuing more big-ticket projects via public-private partnership (PPP) even as the shift in financing mode from official development assistance (ODA) to other modes is being considered. In a briefing yesterday, Finance Secretary Carlos Dominguez III said should government pull out some projects from ODA financing […]

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Indonesia to review capital imports

JAKARTA: Indonesia will review imports of capital goods to help rein in the current-account deficit and stem a deepening currency rout. Finance Minister Sri Mulyani Indrawati said major government projects could be shelved as authorities widen the scope of their efforts to stabilise the currency. The rupiah has slumped more than 5% against the dollar […]

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