MANILA, Philippines — The Philippines ranked lower in the World Bank’s Ease of Doing Business Report 2019, placing 124th out of 190 countries from 113th previously, largely due to higher business registration costs and increased time for imports inspection. The international finance institution’s report released Wednesday night actually showed the country’s overall ease of doing […]
Read MoreThailand’s ranking among 190 economies in the World Bank’s Ease of Doing Business Report 2019 fell a notch to 27th, though its overall score improved by 1.06 percentage points to 78.45. Thailand’s EODB score, an absolute measure of the country’s progress toward global best practices, increased from 77.39 last year. “As a comparative measure, other […]
Read MoreThe Ministry of Natural Resources and Environmental Conservation (MNREC) is inviting expressions of interest (EOI) from foreign and local investors to conduct detailed feasibility studies and measurement of limestone deposits before considering the setting up of a cement plant in Chin State. The proposed site for the project, covering some 4300 hectares, is located in […]
Read MoreKUALA LUMPUR: Malaysia advanced nine places to 15th spot among 190 economies worldwide in the World Bank’s Doing Business 2019 Report, which based its rankings on business regulations and ease of doing business. World Bank Senior Economist and Statistician (Development Economics – Global Indicators Group) Arvind Jain said an acceleration in reforms had helped propel the country […]
Read MoreTEMPO.CO, Jakarta – The Riau Islands Tourism Office carried out a massive promotion to attract foreign tourists. The Head of the Riau Islands Tourism Office, Buralimar, said that the national tourism branding ‘Wonderful Indonesia’ had been a success. “Now, it’s our time carry out massive promotion abroad, especially in China, India, and Korea,” he said. Buralimar said that his province […]
Read MoreMANILA, Philippines — Factory gate prices continue to ease in September as producer prices in nine commodity groups contracted, the Philippine Statistics Authority (PSA) said. The PSA said the Producer Price Index (PPI) for manufacturing contracted at a slower rate of 0.2 percent in September from the revised 0.8 percent decline in August and 0.5 percent contraction in September […]
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