mm02
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Myanmar awaits validation for extractive industries

As Myanmar awaits its validation result of Extractive Industries Transparency Initiative (EITI), the government has been criticised for not making progress in reforming the industries and state-owned enterprises. Myanmar became an EITI member country in 2013 and is now going through its first round of validation process against the EITI Standard 2016, the objectives are […]

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phil01
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Philippines: Government overspends on infrastructure, exceeds 9-month target

MANILA, Philippines — Government spending on infrastructure exceeded its target in the first nine months with the Duterte administration’s massive infrastructure program already in full swing, according to the Department of Budget and Management (DBM). According to the latest disbursement performance report of the DBM, spending on infrastructure and other capital outlays reached P570.8 billion […]

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malay01
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Malaysian palm oil hits over 3-year low on weaker crude prices

KUALA LUMPUR: Malaysian palm oil futures touched their lowest in more than three years on Wednesday, shedding gains from the previous session, as a plunge in crude oil prices dented sentiment. Palm oil prices are influenced by movements in crude oil, as the edible oil is used as feedstock to make biodiesel. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange was down 1.3 percent at 1,960 ringgit […]

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