Philippines morning news for February 27

Philippines morning news for February 27

Duterte offers Filipino citizenship to Rohingya refugees President Rodrigo Duterte on Tuesday offered Filipino citizenship to Rohingya refugees as he reiterated his willingness to accept them into the country. — GMA News ‘Seeded in social media’: Jailed Philippine journalist says Facebook is partly responsible for her predicament The arrest this month of Philippine journalist Maria […]

Lao morning news for February 26

Lao morning news for February 26

Storm demolishes 30 houses in Huaphan Some 30 houses in Xiengkhor district, Huaphan province, were damaged by a storm that lashed the area last week, bringing thunder, rain, hail and strong winds. — Vientiane Times Laos, Thailand review progress in worker legalisation Lao and Thai labour authorities met in Bangkok, Thailand, last week to review […]

Philippines morning news for February 26

Philippines morning news for February 26

Govt eyes P4.25-T budget for ’20 on infra spending hike THE government is eyeing a P4.249-trillion national budget for 2020, as the Philippines continues to ramp up infrastructure spending, economic managers told Japanese business leaders. — Business Mirror Measure lifting restrictions on foreigners in business could still make it out of 17th Congress A MEASURE […]

Lao morning news for February 25

Lao morning news for February 25

IFC, Canada Promote Public-Private Partnerships To Drive Investments In Laos IFC, a member of the World Bank Group, and the Government of Canada, in partnership with the Ministry of Planning and Investment held a workshop on public-private partnerships in Vientiane on Feb 22. — KPL Japan grant aid making a splash with Tha Ngon crop […]

Philippines morning news for February 25

Philippines morning news for February 25

Gov’t tax effort improved to 20-year high in 2018 The national government’s efficiency in collecting taxes accelerated to its highest level in two decades last year following the implementation of the Duterte administration’s first tax reform law. — Manila Bulletin DOTr signs deal for Metro Manila Subway’s first 3 stations The P350-billion Metro Manila Subway […]

Indonesia morning news for February 22

Indonesia morning news for February 22

January Debt at 30.1% of GDP, Finance Ministry Says The Finance Ministry announced that the total debt owed by the central government as per January 2019 reached Rp4,498.56 trillion. — Tempo.co Bank Indonesia keeps rate at 6 percent in February Bank Indonesia (BI) announced its plan to maintain its policy rate for the third successive […]

Philippines morning news for February 22

Philippines morning news for February 22

2018 fiscal deficit hits P558.26 billion THE national government reported a budget deficit of P558.26 billion for 2018, as its expenditures of P3.408 trillion outpaced its revenues pegged at P2.85 trillion. — Business Mirror Jan. budget utilization accelerates to 60% THE national government posted a budget utilization rate of 60% in January, well above the […]

Indonesia morning news for February 21

Indonesia morning news for February 21

UK pledges $19.5m in grant for clean energy in Indonesia The United Kingdom has pledged 15 million pounds (US$19.5 million) in grants to Indonesia to accelerate the development of low-carbon energy in the country. — The Jakarta Post Indonesia to relax VAT refund requirements for tourists The Indonesian government is preparing a regulation to relax […]

Philippines morning news for February 21

Philippines morning news for February 21

DBM to push through with cash-based budgeting in 2019 The Department of Budget and Management (DBM) will push through with the cash budgeting system this year despite Congress’ scrapping of provisions on cash-based budgeting in the ratified version of the P3.757-trillion budget for 2019. — GMA News January BOP surplus highest in 6 years The […]

Indonesia morning news for February 20

Indonesia morning news for February 20

$76 Billion Fund Gives Contrarian Call for Indonesia Rate Cut Indonesia’s central bank should signal interest-rate cuts to draw more foreign money into the nation’s bonds, according to a top emerging markets asset manager. — Bloomberg Government ready to spend $1.1 billion on addressing oil and gas deficit The Indonesian government is ready to spend […]

Philippines morning news for February 20

Philippines morning news for February 20

BoP surplus hits 6-year high in Jan The country’s balance of payments (BoP) surplus hit a six-year high in January, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday. — The Manila Times DOH Eastern Visayas reports rising measles cases Measles cases in Eastern Visayas continue to surge as the outbreak has already killed 16 […]

Indonesia morning news for February 19

Indonesia morning news for February 19

Indonesia issues US$ 2.27b global green sukuk The government has tapped into the global sukuk (Islamic bonds) market, recently issuing bonds worth US$ 750 billion with a five-and-a-half-year maturity period and a 10-year tenor of $1.52 billion, both of which were oversubscribed. — The Jakarta Post Indonesia’s ‘father of tourism’ orders flag carrier Garuda to […]

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