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          Updated: September 22,  2017

• SOEs urged to accelerate development of Kuala Tanjung industrial park
The government has urged state-owned enterprises (SOEs) to accelerate the development of Kuala Tanjung industrial park in North

• Cebu Landmasters to roll out P10.61 billion of projects
Cebu Landmasters Inc. (CLI) is rolling out P10.61 billion worth of projects in the remaining months of the year, on top of the P7.09

Govt picks Inalum to buy Freeport’s shares

State-Owned Enterprises Minister Rini Soemarno said on Wednesday that the government selected state-owned aluminum firm PT

• Gov’t regulations still hindering businesses
The Government has had many policies encouraging the development of the private sector. But the sector continues to face many

• Healthcare expo opens in City
The latest healthcare products and technologies are being showcased at the four-day 12th International Exhibition on Products and

   Updated : September 22, 2017
The Straits Times Index (STI) ended 6.43 points or 0.2% higher to 3220.25, taking the year-to-date performance to +11.78%. For longer term observations please go to

Indonesian shares closed at a near one-month high on Friday with investors awaiting the central bank's policy rate decision later in the day, while renewed tensions over Korean peninsula weighed on other markets in the region.

      Updated: September 15,  2017
Trump-Najib Meeting Gives Malaysia-U.S. Relations Shot of Adrenaline
Malaysian prime minister Najib Razak’s visit to the White House on September 12 has injected new energy into a bilateral relationship that had slipped into a funk during the last two years of the previous U.S. administration. Some of this coolness resulted from Najib’s crackdown on his political opposition and the U.S. Department of Justice launching a corruption investigation into the dealings of a Malaysian state investment fund. resident-elect Donald Trump’s foreign policy team is taking shape, with the choice of ExxonMobil chief More

    Updated: September 15,  2017
Biweekly Update
Indonesia strikes agreement with Freeport on share divestment
The Indonesian government on August 29 announced that Freeport-McMoRan can apply for a 10-year license extension at its Grasberg gold and copper mine after securing an agreement for the U.S. mining company to divest 51 percent of its shares in its Indonesian subsidiary. The agreement also commits Freeport to convert its existing contract—which expires in 2021—into a Special Mining License, build a 

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