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Trainmaker signs more purchase agreements with Philippines

After signing an agreement in January, state-owned train manufacturer PT Industri Kereta Api (INKA) signed on Monday another purchase agreement with Philippine National Railways (PNR). The agreement consists of the purchase of four sets of diesel-powered trains with a value of US$21.4 million, as well as the purchase of three locomotives and 15 passenger trains […]

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Myanmar: Petroleum trade group urges govt to enforce regulation

Myanmar Petroleum Trade Association (MPTA) secretary U Win Myint has expressed the need for the government to strictly enforce the recently enacted petroleum and petroleum products law in light of the widespread practice of retailers selling a mixture of imported and local fuel. Dr Myint stated the practice was tarnishing stations which adhere to the law and sell […]

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Vietnam: New regulations drafted for market price data reporting

The Hanoitimes – The Ministry of Finance (MoF) is drafting a circular on collecting and reporting market prices in a move to standardize the information and better control the country’s inflation. The list of commodities and services subjected to the newly-recommended market price reporting regime includes essential commodities that can represent groups of goods and services […]

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