indo01
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Indonesia: Govt’s flexible oil and gas contract choice ‘positive’ for investment: Analyst

The government’s decision to allow oil and gas producers to choose production sharing contracts (PSCs) is a positive step forward for investors in the upstream industry, compared with the less favorable gas ceiling policy, according to energy consultancy Wood Mackenzie. The Energy and Mineral Resources Ministry ruled on July 15 that all producers may choose […]

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malay02
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Malaysia: Budget 2021 expected to be expansionary

PETALING JAYA: Budget 2021, which will be tabled in November, will be expansionary though narrower than Budget 2020, with economists projecting a budget deficit of 4% to 6% next year. The government, they said, would need to revitalise the economy with appropriate measures due to the uncertainties arising from the Covid-19 and the weak global […]

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Vietnam: Deposit rates hit new lows

Local banks have continued slashing deposit rates to as low as 2.5% per annum, in tandem with the Government’s principle of lowering lending rates to support borrowers. Techcombank has reduced deposit rates in dong by 0.1 to 0.4 percentage points compared with earlier this month, with those for the one-month term ranging from 2.55% to […]

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