Myanmar: Myanmar consumers slow to adopt debit cards Friday, 22 July 2016 – Accustomed to cash, Myanmar’s small group of debit-card users is growing only slowly, according to bank officials, who say that bank cards are becoming more popular, but are mostly used to withdraw cash once a month, on payday. Kinks inherent in the […]
Read MoreThailand: Thai firm to invest in Mawlamyine power plant Friday, 22 July 2016 – Thai firm Siamgas and Petrochemicals Public Company is investing almost US$50 million in a gas-fired power plant in Mawlamyine township, it said yesterday in a filing to the Stock Exchange of Thailand. The company has set up a wholly owned Singaporean […]
Read MoreLaos: China-Laos Relations Improve as Gezhouba Group Constructs Hydro Power Plant Wednesday, 10 August 2016 – The project is called Xelanong 2 and is foreseen to generate 35 megawatts of power, or 140,700 megawatts of electricity annually. The Chinese company is the one which built the giant Gezhouba Dam in the Yangtze River which produces 2,715 […]
Read MoreMyanmar: High hopes for deserted trading town on Myanmar-China border Thursday, 21 July 2016 – Last year, it was a ghost town. Racked by the fighting around Laukkai, Chinshwehaw’s once-booming economy, built on its location as a major trading camp on the border with China, had collapsed as workers fled and shops closed down. Fighting […]
Read MoreMyanmar: New industrial law drawn up ahead of AEC Thursday, 21 July 2016 – An industrial policy to bring Myanmar into the 21st century will be presented to parliament, with the aim of updating the law to equip the country to better compete in the ASEAN Economic Community. Ministry of Industry assistant secretary U Myo […]
Read MoreMyanmar: Switching trades in the rainy season Thursday, 21 July 2016 – Rain or shine, life goes on and so does business, but many firms and their staff are adept at making the transition from wet to dry season and back again. They have to be. Take the velvet shoe business, for instance. Nobody wears […]
Read More
Thailand
