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Myanmar: Capital markets essential for private sector: IFC

International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding (MoU) in March to strengthen corporate governance regulatory standards and practices in Myanmar. In its press statement, the IFC said that a better regulated market will bolster investor confidence and […]

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Thailand: New Business opportunities in Myanmar to be unveiled

Krungsri combines its fully-integrated financial expertise in Thailand with Mitsubishi UFJ Financial Group (MUFG), one of the largest international financial institutions in the world, with networks in more than 50 countries around the world, in order to support Thai entrepreneurs with a wide range of financial services and business opportunities. These include business matching activities, […]

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Philippines auto industry still second fastest growing in Asia

MANILA, Philippines – The Philippine automotive industry maintained its position as the second fastest growing market in Southeast Asia despite a slowdown in sales in February, but lost its regional leadership in terms of motorcycle sales growth. Latest data from the ASEAN Automotive Federation showed the Philippine automotive industry’s 17.4 percent growth in the first […]

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Thailand: Location factor for land tax charges

The official appraised value of land, which is used as a factor to determine land and buildings tax bills, will vary depending on property locations but that of buildings will be a flat rate across the country. This means the wealthy would be liable for a higher property tax if they live in more expensive […]

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Vietnam: HCM City rental market continues slump

HCM City (VNA) – Many investors in HCM City are struggling to rent their apartments as the market continues its tepid streak that began in early 2016, according to the Dau Tu (Vietnam Investment Review) newspaper. For example, the owner of a luxury apartment in District 1 is renting a unit for 24 million VND […]

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