Radical plan to give land for free to poor farmers SUNDAY, 26 JUNE 2016 – A new agrarian reform program that seeks to distribute lands for free to farmers is emerging as the centerpiece of an agreement on radical social and economic reforms that will form part of a peace pact between the incoming Duterte […]
Read MoreRody tells telcos: Shape up or face new competition MONDAY, 30 MAY 2016 – The two dominant telecommunication firms in the country better shape up and improve the speed of Internet download, one of the slowest in the world.Otherwise, they will face competition from new players under a Duterte administration.Presumptive President-elect Rodrigo Duterte said he would […]
Read MorePH has worst unemployment rate despite high GDP growth – Ibon MONDAY, 30 MAY 2016 – An independent research group said the Philippines still has the “worst” unemployment rate in Asia despite posting a 6.9-percent growth in gross domestic product.In a statement, Ibon said economic growth “should not be used to divert public attention from […]
Read MoreMyanmar banks offer international credit cards THURSDAY, 23 JUNE 2016 – In a boon for holiday shoppers, Myanmar banks are starting to offer customers international credit cards for the first time. The country has only recently returned to true credit cards, which disappeared in the wake of the 2003 banking crisis. At the start of […]
Read MoreRising growth should sustain, not stifle, transition WEDNESDAY, 22 JUNE 2016 – Rising trade and more foreign investment could be on the way, says the World Bank, but warns that careful steps are required to ensure they provide inclusive growth and reinforce rather than undermine the country’s peace process. On June 20, the World Bank […]
Read MoreExporters ask for exchange solution MONDAY, 20 JUNE 2016 – Yangon business leaders have joined a call for the new government to address exchange rate regulations, which they say are causing difficulties for exporters trying to convert their earnings back into Myanmar kyat. U Myo Lwin, deputy chair of Yangon Region chapter Union of the […]
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