Fiscal

Fiscal

Fiscal is a section of Politics on investvine.com
Laos’ main airport got huge expansion despite weak visitor numbers

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The international terminal of the airport serving the Laotian capital of Vientiane, Wattay International Airport, can now accommodate as many as 2.3 million foreign...
Philippine GDP growth drops to three-year-low

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Economic growth in the Philippines slowed to six per cent during the second quarter of the year, the Philippine Statistics Authority said on August...
Malaysia’s ex-PM Najib faces 125 years jail time if found guilty on all 1MDB charges

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Former Malaysian prime minister Najib Razak could be jailed up to 125 years and fined a total of 210 million ringgit ($51.6 million) if...
Laos suspends new hydropower projects after dam break

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The Lao government will suspend approval of new dams while it reviews more than 50 current projects following the catastrophic collapse of a hydropower...
Thailand opens “VIP” immigration lanes exclusively for Chinese visitors

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Thailand’s authorities introduced special immigration lanes at five international airports in the country just for Chinese visitors, saying it was for their “ease and...
Myanmar significantly scales down Chinese-backed port project

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The Myanmar government is scaling down plans for a Chinese-backed port on its western coast in Kyaukpyu in a move to avoid running into...
Brunei’s economy shows signs of recovery, but oil and gas remain only drivers

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Despite Brunei’s attempts to diversify its economy, only increases in oil and gas production in the first quarter of 2018 have boosted the country’s...
Tata Motors calls it quits in Thailand and moves production away

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India’s Tata Motors in a press release issued on August 1 said that it decided to stop manufacturing operations in Thailand citing viability issues...
(De)constructing Sihanoukville – a photoblog

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Let’s call it nostalgia, or call it utter astonishment – but something is happening WITH Sihanoukville. Something irreversible. We know what’s happening IN Sihanoukville since...
Dam collapse dents Laos’ “battery of Asia” ambitions

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The collapse of a hydropower dam under construction by a South Korean company in southeastern Laos in the evening of July 23 is a...
Credit watcher sees “overheating risk” for Philippine economy

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Despite sticking to its investment grade and stable outlook on the Philippines, US-based rating agency Fitch said the country’s economy was in danger of...
Malaysian’s don’t want another national car – Dr. M disappointed

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Malaysian Prime Minister Mahathir Mohamad showed disappointment in a blog post after many Malaysians seem to reject his idea of introducing a new national...
Philippines, Indonesia, Vietnam with highest consumer confidence in Southeast Asia

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The Philippines, Indonesia and Vietnam, just behind India, rank within the top four in the latest international consumer confidence survey compiled by US-based research...
Tourism in Laos doesn’t come into gear

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The government of Laos is set to revise its expectations for tourism arrivals this year after it has become unlikely that the country will...
Malaysia could have to pay over $200 million compensation to Singapore for scrapping railway plan

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Singapore will try to recover costs incurred for a rail project with Malaysia, which have exceeded 250 million Singapore dollars ($184 million) and are...
Singapore developers oppose property cooling measures by government

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Property developers in Singapore are protesting against new property market cooling measures imposed last week which let the stock market tumble. The city state’s renewed...
Vietnam posts strong GDP growth, boosts investment abroad

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Vietnam's economy continues to show strength with an impressive 7.08 per cent growth in the first half of 2018, the highest rate since 2011....
Kuala Lumpur’s new financial district “can be profitable”: Ex-PM Najib

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Tun Razak Exchange (TRX) City, the new financial district in Kuala Lumpur launched by the government of former Malaysian prime minister Najib Razak, will...