THE BOARD of Investment (BoI) yesterday approved an extension to the period for applicants seeking tax privileges for investment in the Eastern Economic Corridor (EEC) to January 1, 2018, until December 30, 2019. The application period had been due to finish at the end of this year. It will also offer more tax benefit to […]
Read MorePETALING JAYA: Malaysia’s consumer price index (CPI) measuring headline inflation rose lower than expected 3.7% in October, compared with a Bloomberg survey of 4.1%, due to higher transport costs. Core inflation, which excludes food and fuel, rose 2.3% in October 2017 compared with the same month of the previous year. The Statistics Department said on […]
Read MoreMANILA, Philippines — Mining firms have invested billions of pesos to ensure responsible mining practices in the country, the Philippine Mine Safety and Environment Association (PMSEA) said. According to PMSEA, mining firms spent a lot on technology and world-class designs that could help them mitigate the risks in their operations. “Because of the technology, experience, […]
Read MoreAfter a boom which lasted more than a decade, the property market finally corrected in 2014 as a slew of new housing options came onstream. Since then, development of areas further away from the city center and better road networks connecting people to these new townships have kept prices relatively stable and affordable in Yangon, […]
Read MoreWee Wei Ling, executive director of Pan Pacific Hotel Group, isn’t at all worried about the glut in hotel rooms in Yangon. “There is definitely an oversupply. In fact, tourism has been declining recently. But we are long-term investors in Myanmar. We see the potential of this country and we would like to grow with it. […]
Read MoreSET-listed MBK Plc is making a foray into e-commerce to increase the group’s competitiveness in retail, hotels and lifestyle business. The group this year established MBK Digital, a wholly-owned subsidiary, to operate its e-commerce business. Yotsan Srisuchat, managing director of MBK Digital, said the company in August launched a new website, MBKgo.com, offering an online […]
Read More
Thailand
