TOT Plc will completely take over all operations of both provincial and Bangkok fixed-line telephone services from October this year with the expiry of the TT&T and True Corporation concessions. The state telecom enterprise, however, has already started controlling operations of the provincial fixed-line phone services, taking over from its concessionaire TT&T after the Central […]
Read MoreThe Ministry of Planning and Finance has issued a statement on February 19 that income tax will not be levied on interest from bank savings and deposits. The statement means that tax on interest from bank deposits will be exempted in the coming 2017-18 fiscal year. However, interest from bank deposits is not the kind […]
Read MoreSINGAPORE (Reuters) – Singapore’s jobless rate hit a six-year high in the fourth quarter, while total employment in 2016 grew at the weakest pace in over a decade, as labor market conditions softened amid a slowdown in economic growth. The total unemployment rate rose to 2.2 percent in the fourth quarter from 2.1 percent in […]
Read MoreAs the 2016-17 fiscal year enters its final months the Myanmar Investment Commission’s approved investment total stands at over US$6 billion – some $2.5 billion of which was approved in just the last three weeks. The MIC approved $3.5 billion between April 1 and December 31, with the latter date marking the cut period for […]
Read MoreA year after fire destroyed Mingalar market – one of Yangon’s largest – a competition to design a new building as begun. But many shopkeepers are impatient and would rather see the market rebuilt as soon as possible. More than 1600 shops went up the blaze that gutted Mingalar market in January 2016 – the […]
Read MoreUnited States President Donald Trump’s policies should boost Thai exports to the US in areas such as automobiles and parts, seafood, fruit, gems, ornaments and rubber, Commerce Minister Apiradee Tantraporn said on Friday. The US imports more automobiles and parts than it exports, the minister said. Prospects were bright for the Thai automotive industry. She expected […]
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