Indonesia cancels plan to close Kodomo Island World

Indonesia cancels plan to close Kodomo Island

The Indonesian Government decided to cancel the planned shutdown of Komodo Island, a popular destination in the eastern region as populations of the rare lizard Komodo remain stable despite influx of visitors.
Vietnam’s road sector forecast to grow 7.2 pct in 2019 Business

Vietnam’s road sector forecast to grow 7.2 pct in 2019

The expansion of Vietnam’s road network would continue in the next decade in order to support growing freight transport volumes due a projected increase in economic activity, Fitch Group’s Fitch Solutions Macro Research forecast in a report released on May 14.
Indonesia: Mount Agung spews 2,000-m tall ash column World

Indonesia: Mount Agung spews 2,000-m tall ash column

Seismographs recorded an eruption of Mount Agung on the Indonesian resort island of Bali on April 4, which spewed out a massive column of ash measuring 2,000 m in height, said head of Bali’s disaster mitigation office Made Rentin.
Malaysia to cancel China’s railway project World

Malaysia to cancel China’s railway project

Malaysia’s Economic Minister Mohamed Azmin Ali said on January 26 that the country will cancel its East Coast Rail Link (ECRL) project with contractor China Communications Construction Co Ltd (CCCC) due to high annual interest rate.
State Audit to focus on large-scale projects in 2019 Business

State Audit to focus on large-scale projects in 2019

The State Audit will focus on a number of major projects in 2019, including the Ben Thanh-Suoi Tien metro line, as well as the 10-trillion-VND flood control project in Ho Chi Minh City and Cat Linh-Ha Dong railway line in Hanoi, according to Auditor General Ho Duc Phoc.
New regulations on GSP issued Business

New regulations on GSP issued

The Ministry of Industry and Trade has issued new regulations on the implementation of the Generalised System of Preferences (GSP) of the European Union, Norway, Switzerland and Turkey.