TEMPO.CO, Jakarta – The Ministry of Energy and Mineral Resources (ESDM) has revoked the regulation on controlling troubled mining permits. According to the government, it is irrelevant because the permits regulation has been completed. It is on the Regulation of Minister of Energy and Mineral Resources No. 43/2015 about the evaluation of mineral and coal mining business […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani said the investment will be encouraged by simplifying regulations and providing incentives. It is expected to boost investment contribution towards economic growth. Sri Mulyani said it will be done by reducing the various rules that hinder. She also stated the government also needs to create a shorter and easier investment process. Related […]
Read MoreTHE BANK of Thailand (BOT) is pressing the country’s financial institutions to steer clear of involvement in transactions that relate to cryptocurrencies. The central bank yesterday issued a circular to banks and other financial institutions seeking their cooperation to help it protect the financial system from the risks posed by the digital currencies, which are […]
Read MoreCambodia’s economic freedom score dropped seven ranks in the annual Economic Freedom Index released by the Heritage Foundation, a US-based, conservative-leaning think tank. The 0.8 point dip in the score from last year put Cambodia’s economy in the “Mostly Unfree” category, ranking 101 out of a total of 180 countries – down from the 94 […]
Read MoreThe Department of Business Development approved 22 foreign entities, with a total investment of Bt735 million, to start doing businesses in Thailand in January. The department’s director-general, Kulanee Issadisai, said most of the investors are Japanese, German and Chinese, and their businesses will create 400 jobs. Out of the total, four will be providing services […]
Read MoreExport-Import Bank of Thailand (Exim Thailand) aims for 9% lending growth this year, with a focus on small and medium-sized enterprises (SMEs) and outbound investment in Cambodia, Laos, Myanmar and Vietnam (CLMV). Should the target hold true, the bank’s outstanding loans will reach 100 billion baht this year, said president Pisit Serewiwattana. The bank’s total […]
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