USTDA Helping Indonesia to Develop LNG Infrastructure
The US Trade and Development Agency (USTDA) has awarded a grant to PT Nusatama Properta Panbil to promote continued economic growth and energy security in Indonesia. The fund will be utilized for a feasibility study to evaluate the development of a liquefied natural...
Chinese Logistics Firm Launches Operations in Malaysia as Part of SEA Expansion
BEST Inc (“BEST”), a Chinese integrated smart supply chain solutions provider, backed by the Alibaba Group, is launching its services in Malaysia as part of its expansion into South East Asia. The company is also entering into Singapore and Cambodia. It...
Philippines Secured EUR 250 Million Loan for Infra Development and Financial Inclusion
The Department of Finance (DOF) of the Philippines and Agence Française de Développement (AFD; French Development Agency) have signed two credit facility agreements worth EUR 250 million (PHP 14 billion or USD 294 million) combined, to support two major policy reforms...