COME Jan 1, there will be a new measure to help borrowers avoid accumulating excessive unsecured debts. The new Credit Limit Management Measure will cap the additional unsecured credit that a financial institution (FI) may extend to a borrower whose outstanding unsecured debts exceed six times his monthly income. Under the new measure, where an […]
Read MoreA new Free Trade Agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) and a related Investment Agreement are set to create fresh opportunities for business collaboration between Hong Kong and Myanmar. “These two agreements will provide a more competitive platform for companies throughout the ASEAN region to do business in […]
Read MoreWhile European companies in Myanmar concurred that the domestic business environment has deteriorated this year, most see prospects improving over the next few years and almost all have opted to continue doing business in the country, findings from EuroCham Myanmar’s second Business Confidence Survey released Thursday revealed. According to the survey, more than three quarters […]
Read MoreThe new master plan to guide logistics infrastructure development in the kingdom will be ready by the end of March next year and will be pivotal in slashing costs and ramping up efficiency in transportation, a senior official from the Ministry of Public Works and Transport (MPWT) said yesterday. Speaking at a workshop on ports […]
Read MoreThe Hanoitimes – Some experts said that Vietnam is still a very attractive location to do business and multinational corporations such as Samsung, Intel, Hewlett-Packard and Rebisco have recently made large-scale investments in the country. Dr. Francis Hutchinson has remarked that some presentations pointed to Vietnam’s advantages as being well-located to act as a transport hub, […]
Read MoreForeign investment approvals surged in the third quarter of 2017, but the year-to-date tally remained low, compared with the figure posted a year ago, the government reported on Thursday. Data released by the Philippine Statistics Authority (PSA) showed that seven monitored investment promotion agencies (IPAs) had approved just P43.01 billion in foreign pledges, up 61.1 […]
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Thailand
