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Singapore to freeze number of cars

SINGAPORE (AFP) – Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. The growth cap for all passenger cars and motorcycles will be cut from 0.25 percent a […]

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Cambodia: New MoU with Korea for tech centre

The Ministry of Industry and Handicraft will cooperate with two South Korean high-tech companies to establish a technology centre with the aim of facilitating the exchange of information on the development of optic cable technology. The memorandum of understanding (MoU) was signed last week in Gwangju, the sixth largest city in South Korea, between Cambodia’s Ministry […]

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Vietnam: MoT to cut airport budget deficit

HANOI — The Ministry of Transport (MoT) has proposed to the Prime Minister four different plans to operate airfields in the future, aiming to narrow a yawning gap between the Airports Corporation of Vietnam’s (ACV) revenue and expenditures. The proposal is part of the ministry’s report on the operations and plans for managing and airfields […]

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Myanmar: Fiscal period rejected

Tatmadaw and Hluttaw MPs from the Union Solidarity and Development Party (USDP) have discussed and decided against a proposal from the President to change the current fiscal period at a Hluttaw session held on October 23. The proposed new fiscal period is from October 1 to September 30. The current fiscal period is April 1 […]

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