Fiscal

Fiscal

Fiscal is a section of Politics on investvine.com
Loss-making Thai Airways frets about $3-billion plane purchase

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Thailand’s flag carrier Thai Airways, whose business model is under heavy attack from regional discount carriers, is under pressure from the government as 51-per...
Najib could spend rest of his life in jail if found guilty – Rosmah next to face charges

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Malaysia’s former prime minister Najib Razak pleaded not guilty on September 20 to no less than 21 counts of money laundering and four counts...
Malaysia’s ex-PM detained over mysterious $628-million transfer

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Former Malaysian prime minister Najib Razak was arrested on September 19 over allegations that $628 million linked to state investment fund 1Malaysia Development Berhad...
Malaysia expects to write off up to 70% of 1MDB losses

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Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...
Philippine president seeks advice as country faces mounting economic troubles

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Philippine President Rodrigo Duterte, who previously had confessed his inadequacy on economic issues, is seeking help from people more fit in the subject. The...
Thailand seeks to lure more electric vehicle makers

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Thailand’s Board of Investment (BOI) has announced new packages and privileges for electric vehicle companies to establish operations in the Eastern Economic Corridor, a...
Malaysia axes Chinese-backed pipeline projects worth $3-billion

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The Malaysian government has finally decided to cancel three China-backed pipeline projects after halting work on them, The Financial Times wrote. The report said...
Vietnam orders military hardware from Russia for $1 billion

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Vietnam has placed orders for Russian weapons and military services worth more than $1 billion, Russia’s state news agency TASS reported, according to Reuters.  “We...
Malaysia raises minimum wage to 1,050 ringgit per month

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The Malaysian government will raise and standardise the minimum wage for the private sector across the country as of January 1, 2019, fulfilling one...
Indonesia stops energy projects worth $25 billion as rupiah hits 20-year low

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Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...
Kuala Lumpur-Singapore high-speed railway postponed for two years

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Malaysia and Singapore agreed to postpone the development of a high-speed rail service between the two countries by two years, Malaysian business weekly The...
Malaysia’s taxman is back knocking for a share in sales and services

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Malaysia will re-impose a tax of between five per cent and ten per cent on the sale of goods, while services will attract a...
Thai central bank to issue state-backed digital money

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The central Bank of Thailand (BoT) revealed on August 22 plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the...
Malaysia shelves Belt and Road projects with China

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Malaysia has cancelled two multi-billion dollar projects that were part of China’s ambitious Belt and Road project, with Prime Minister Mahathir Mohammad saying that...
Dili_East-Timor_Arno-Maierbrugger-34

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Dili, the capital of the fifth-youngest nation on earth, East Timor, is an odd place within Southeast Asia for people used to the hustle...
Myanmar set to turn into major gold exporter

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Myanmar`s Ministry of Commerce is in the process of officially removing a regulation that prevented traders to export gold for more than five decades,...
Trump backs boycott of Thai-made Harley-Davidson bikes

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In what is probably a first in US history, an acting president publicly supported calls for a boycott of a US product, and, with...
Vietnam’s economic miracle unabated – new “tiger” is born, report says

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A latest commentary by Qatar National Bank (QNB) on Asian economies stated that Vietnam has become one of Asia’s, as well as the world’s...