Negotiations over an agreement on investment promotion and protection between Myanmar and Singapore have started, according to Directorate of Investment and Company Administration (DICA) Director General U Aung Naing Oo. “During the last 4 or 5 years, Singapore has been the top investor in Myanmar and thus it is a country with which we have […]
Read MoreThe latest feasibility study on building a high-speed train to link the three airports of Don Mueang, Suvarnabhumi and U-tapao in nearby Rayong province has been completed. The 280-billion- baht project is due to open for bidding later this year or in early 2018. Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor (EEC) Office, said the project […]
Read MoreYum Restaurant International Thailand has fulfilled its goal of having all KFC outlets operate as franchises, with Thai Beverage Plc (ThaiBev) being the third and last franchisee in Thailand. Yum on Tuesday signed a franchise agreement worth about 11.3 billion baht, with The QSR of Asia (QSA) (an indirect wholly-owned subsidiary of ThaiBev), to operate […]
Read MoreHANOI — Vietnam imported petroleum mainly from ASEAN and South Korea in the first seven months of 2017, which together accounted for 91 per cent of petrol imports. Statistics from the General Department of Vietnam Customs show that the country imported 5.1 million tonnes of petroleum from ASEAN and 1.72 million tonnes from South Korea […]
Read MoreCanada on Tuesday urged the Cambodian government to continue its reforms to facilitate trade and investment, particularly in the garment sector. Donica Pottie, the Canadian ambassador to Cambodia, made the call when she paid a courtesy visit to Commerce Secretary of State Ok Boung at the Ministry of Commerce. Ms Pottie commended Cambodia for its […]
Read MoreNon-performing loans (NPLs) in the small and medium-sized enterprise (SME) sector are expected to peak at 4.6-4.7% of outstanding loans this year, thanks to a recovery in private consumption and stricter commercial bank lending criteria, says TMB Analytics. “We expected this year to be the end of the SMEs’ NPL upsurge cycle, with bad SMEs loans to […]
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