Selat Panjang oil and gas block to begin production in 2021

Jakarta (Indonesia) Oct 16: The Energy and Mineral Resources Ministry signed on Monday a 20-year contract with oil and gas companies Zamatra Bakau Straits and...

Medan mayor, officials in Jakarta and East Kalimantan arrested for alleged graft

Jakarta (Indonesia) Oct 16: Medan Mayor Dzulmi Edin and 14 other people, including officials and private individuals, have been arrested on graft charges during separate...

Indonesian property developers warned about risks of apartment expansion

Jakarta (Indonesia) Oct 16: Property consulting company Colliers International has warned property developers to be extra cautious when expanding their projects in major cities in...

Rupiah remains under pressure following trade deficit report

Jakarta (Indonesia) Oct 16: Rupiah and stock prices remain under pressure as a report on Indonesia's trade deficit sent negative sentiment into the country's financial...

Government launches tax exemption app for imported oil and gas equipment

Jakarta (Indonesia) Oct 15: Six governmental bodies launched in Jakarta on Monday an application for oil and gas companies to apply for duty exemptions on...

Bank Artos denies Gojek partnership rumors as shares surge

Jakarta (Indonesia) Oct 15: Bank Artos has denied rumors that it is to be acquired by on-demand service company Gojek to become the latter's partner...

Indosat sells 3,100 telecom towers for Rp 6.39 trillion

Jakarta (Indonesia) Oct 15: Indosat Ooredoo, one of Indonesia's major telecommunications companies, has agreed to sell as many as 3,100 telecommunication towers to two local...

BEANPOLE eyes global expansion through brand renewal

Seoul (South Korea) Oct 15: Samsung C&T Corp., a construction and fashion unit of Samsung Group, said Tuesday that it aims to accelerate the global...

Myanmar's draft oil and gas bill jeopardises next bidding round

Naypyitaw (Myanmar) Oct 15: Uncertainty and confusion over Myanmar's proposed oil and gas law risk alienating existing investors and could undermine the next crucial bidding...

Second Afghanistan-UK Business Conference Held In London

Kabul (Afghanistan) Oct 15: The second Afghanistan-UK trade and investment conference was held on Monday in London.

Millennials turn to extreme saving method to retire early

New York (USA) Oct 15: A personal-finance trend called F.I.R.E. is gaining ground amongst millennials.

Pakistan Tripled Tariffs on Kandahar Pomegranates

Kabul (Afghanistan) Oct 14: Pakistan has increased its customs tariffs by threefold as the harvest season for pomegranates arrives in Kandahar province.

Economy stagnating amid big deficit, low reserves: WB

Islamabad (Pakistan) Oct 14: The World Bank has said Pakistan's economy is slowing as it faces yet another macroeconomic crisis due to high twin deficits...

The wealth of the wealthiest

Islamabad (Pakistan) Oct 14: Pakistan is a poor country. Not just because of actual poverty but also because our richest do not hold a candle...

Policy confusions in gas business

Islamabad (Pakistan) Oct 14: The plans for unbundling of gas utilities and their privatisation are back in business, this time as part of the International...

Auto sector sees bleak October

Karachi (Pakistan) Oct 13: After a steep 39 per cent overall fall in car sales during 1QFY20, dark clouds continue to hover on Japanese assemblers...

Bedroom booster Viagra offers new hope to cancer patients

Long Island (USA) Oct 13: Viagra, the pill best known for correcting erectile dysfunction and initially intended to curb heart disease, may soon allow more...

Teens are most likely to drink and drive in these 5 states:...

New York (USA) Oct 13: Drinking and driving among teens is a problem no matter where you are, but it's more common in some places...

Amazon takes a stand: Company releases "Our Positions" paper

New York (USA) Oct 13: Amazon took the extraordinary step of laying out its positions on nearly every hot-button topic in the world in a...

Gem, jewellery traders in Myanmar face competition from WeChat

Naypyitaw (Myanmar) Oct 11: Gem and jade businesses in Myanmar have long struggled against illegal traders, who evade taxes and undercut them in terms of...

Yangon's 'new city' to begin land compensation process

Naypyitaw (Myanmar) Oct 11: The Yangon regional government has started providing substitute land to original landowners as compensation for land acquired for the New Yangon...

"We have made good progress": minister points to improvements for business

Naypyitaw (Myanmar) Oct 11: Deputy commerce minister U Aung Htoo spoke to The Myanmar Times in Nay Pyi Taw about the National League for Democracy-led...

Hainan duty free stores gain $55 mln during China's 70th anniversary festivities...

Moscow (Russia) Oct 11: The total sales volume of four Hainan's duty-free stores during the holiday week-end marking the 70th anniversary of the founding of...

How can data analytics benefit customers in era of e-commerce 4.0?

Jakarta (Indonesia) Oct 10: Data analytics has played an increasingly crucial role in the e-commerce ecosystem.

Samsung teams up with Dana, GoPay to provide Samsung Pay

Jakarta (Indonesia) Oct 10: Technology company Samsung Electronics Indonesia teamed up with e-wallet Dana and Gojek's digital payment platform GoPay to provide Samsung smartphone users...

Angkasa Pura II works with Astra to increase digital services

Jakarta (Indonesia) Oct 10: State-owned airport operator Angkasa Pura II has teamed up with Astra Digital International, a subsidiary of publicly listed diversified conglomerate Astra...

Nay Pyi Taw targets convention business

Naypyitaw (Myanmar) Oct 10: Nay Pyi Taw will focus on developing meetings, incentives, conferences, exhibitions and sports events in 2020 to generate more revenue in...