The country is receiving its first ever budget support from the World Bank. The World Bank and the Myanmar government signed a US$200 million credit for a First Macroeconomic Stability and Fiscal Resilience Development Policy Operation on August 18, according to a press release from the World Bank dated August 18. The press release added […]
Read MoreExperts say they expect stronger economic recovery momentum in the second half of this year, due to hefty exports, rising farm prices and massive government infrastructure, particularly in the Eastern Economic Corridor (EEC). However, some negative factors such as a strong baht and uncertainty about the new Royal Decree on Recruitment of Foreigners that could […]
Read MoreSMALL and medium enterprises (SMEs) are slightly more optimistic about business prospects for the next six months, marking the second consecutive quarter that the outlook has improved. The SBF-DP SME Index – a joint initiative by the Singapore Business Federation and DP Information Group – increased marginally by half a point to 50.9. A reading […]
Read MoreCambodia has been named as “The Most Wonderful Eco-Tour” destination by the International Travel Expo Hong Kong 2017 and a leading Hong Kong-based magazine. A Tourism Ministry delegation was among groups from 55 major tourism destination countries and 650 tour operators at the expo from Thursday to Sunday. “During the event, Cambodia was honoured by […]
Read MoreThe import volume has increased by US$600 million, compared to the same period from the previous fiscal year, according to 2017-18 trade statistics up till May from the Ministry of Commerce (MOC). Total trade volume from April 1, 2017 to June 2, 2017 is $5.07 billion – an export of $1.9 billion and import of $3.11 billion. When compared to last year’s performance, export increased by about $100 million while Myanmar imported […]
Read MoreMANILA, Philippines – The Philippine Economic Zone Authority (PEZA) expects approved investments this year to at least triple to P654.54 billion due to heightened foreign investor interest in the country, its top official said yesterday. With bullish investor sentiment, PEZA director general Charito Plaza said investment approvals by the agency may even quadruple to P872.72 […]
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Thailand
