Fiscal

Fiscal

Fiscal is a section of Politics on investvine.com
Philippines Could Lose $1.5 Billion In Remittances From Cash-strapped Gulf States

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Around 80,000 to 100,000 jobs for Oversea Filipino Workers, or OFWs, among them 30,000 household service workers, could be lost due to the precarious...
Laos Lays Out Economic Growth Path

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The Laos government has unveiled a new national development vision, which it plans to facilitate from 2021 to 2025. The plan entails the transformation of...
Myanmar Opens Up For Foreign Insurance Compnaies

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Myanmar’s financial regulator will begin granting licenses to foreign-owned insurance companies, allowing them to operate in the market by April this year. “We will soon...
Indonesia’s Batam Hoping For $60 Billion In Investment

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Indonesia wants to re-position Batam, an island archipelago just 30 kilometers south of Singapore, as an alternative manufacturing and shipping hub that would compete...
Mass Arrivals Cause “headache” For Thai Tourism Minister

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Thailand received a record of 38.3 million tourists in 2018, and 2019 numbers are expected to be even higher. According to tourism minister Weerasak Kowsurat,...
Malaysia Cancels $20-billion Rail Project With Chinese Contractor

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Malaysia’s economics minister on January 26 said that the government will cancel its $20-billion East Coast Rail Link (ECRL) project with contractor China Communications...
Philippines Gdp Growth Slowest In Three Years

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The Philippine economy grew 6.2 per cent in 2018, missing the government’s growth target as price increases slowed consumer spending as well as business...
Eu Reinstates Import Duties On Rice From Cambodia And Myanmar

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The European Commission has reinstated duties on rice from Cambodia and Myanmar for three years after determining that imports were causing economic damage to...
Goldman Sachs Ceo Apologises To Malaysia, Say People Were “defrauded”

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David Solomon, new CEO of Goldman Sachs Group (pictured), apologised to the Malaysian people for the role that a senior banker at the firm,...
Bangkok Smog To Cause Economic Damage Of Over $200 Million

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The current severe air pollution crisis in Thailand’s capital Bangkok is expected to cost the country up to 6.6 billion baht ($207.8 million) in...
Malaysia Insists Goldman Sachs Pays Back $7.5 Billion In 1mdb Case

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Malaysian Finance Minister Lim Guan Eng says his government insists on reclaiming $7.5 billion from US financial firm Goldman Sachs in reparations over the...
Laos expects more private investment this year

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The Communist Lao government expects domestic and foreign private investment to climb to 23,086 billion kip ($2.7 billion) in 2019 from around $2.36 billion...
PetroVietnam Power Corp readies for multi-billion IPO this month

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PetroVietnam Power Corporation (PV Power), the country’s second largest power producer, will list on the Ho Chi Minh City stock exchange on January 14...
Vietnam overtook Singapore in IPO volume this year

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Vietnam in 2018 topped Southeast Asia’s top grossing market for initial public offerings (IPOs) with total proceeds of $2.6 billion. Singapore, who lost its crown...
Vietnam records highest economic growth in a decade

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Vietnam’s economy grew by 7.08 per cent in 2018, the fastest rate in the past eleven years and beating the target of 6.7 per...
Cambodia’s economic growth to reach 7.3% this year

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Cambodia’s economy is expected to grow by 7.3 per cent this year, spurred by the robust performance of garment exports, tourism and construction, deputy...
Laos lost $30 million to corruption this year

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Corruption in Laos has become worse despite the government’s ramped-up efforts to battle the issue over the past two years, NGOs say. In addition, many...
Malaysia wants $7.5 billion back from Goldman Sachs in 1MDB case

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Malaysia is seeking $7.5 billion in reparations from US investment firm Goldman Sachs over its dealings with scandal-ridden linked state fund 1Malaysia Development Berhad,...