Local banks are now permitted to extend loans without the need for collaterals, U Set Aung, Deputy Minister at the Ministry of Planning and Finance, told The Myanmar Times at the 5th Asia SME Conference in Naypyitaw on October 14. “The Central Bank of Myanmar (CBM) has allowed local banks to provide loans without movable […]
Read MoreAs in many countries around Asia, corruption is still a significant problem for Thailand. On the 2016 Corruption Perceptions Index compiled by Transparency International, Thailand ranked a poor 101st from a total of 176 nations. Given the country’s relatively weak position in this area, there have been questions in the past about the government’s appetite […]
Read MoreKUALA LUMPUR: Vehicle sales in Malaysia fell 20.8% in September to 40,981 units from August due to the shorter working month and more stringent hire purchase rules, says the Malaysian Automotive Association (MAA). It said on Monday sales – comprising of 36,517 passenger vehicles and 4,464 commercial vehicles — fell 14.8% from the 48,125 units […]
Read MoreAll 7-Eleven convenience stores will close from mid-afternoon on Oct 26 and wholesaler Makro’s branches will also close early, the companies said on Monday. The Charoen Pokphand Group group announced its 7-Eleven stores will close from 2.30pm to midnight on the day of the late King Bhumibol Adulyadej’s cremation. All True Shop stores, except its airport […]
Read MoreHANOI – The number of foreigners buying real estate products in Vietnam has increased, but the domestic property market needs policies to attract more foreign investment, according to experts. Nguyen Trong Ninh, director of the Housing and Real Estate Market Management Department under the Ministry of Construction, said a policy on licensing foreigners buying and owning […]
Read MoreTEMPO.CO, Jakarta – Head of lntermediary Business Schroders Investment Management Indonesia Teddy Oetomo predicted that Indonesian economy in 2018 will be better than in 2017. This is resulted from the campaign period. “Next year, the number of elections will expand compared to that in 2017. In 2018, money circulating in the campaign will be stronger and higher in […]
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