Energy firms with permission to conduct offshore oil and gas exploration activities in Myanmar will have their contracts cancelled next year if they do not progress from the initial study period to actual exploration, said U Aung Kyaw Htoo, Assistant Secretary from the Ministry of Electricity and Energy. The contracts will be rescinded if these […]
Read MoreHANOI — The recovery of the Vietnamese economy has made good impact on the local securities market and the business performance of brokerages firms, an official has said. The State Securities Commission Chairman Tran Van Dung said at the meeting on October 6 that the number of profitable securities firms increased to 60 of the 85 active firms, from […]
Read MoreCambodia is well positioned to capitalise on the rapid growth of air passenger traffic worldwide, with the Kingdom already one of the fastest growing tourism markets in Southeast Asia and set to grow further as more than a third of the world’s passenger air traffic passes through the region. Commercial airlines carried 3.8 billion passengers […]
Read MoreBudget constraints have resulted in lower than appropriate levels of investment in the education and health sectors, the Deputy Minister of Finance has said. State investment in the two sectors reached just 21 percent of state spending this year – 13.3 percent for education and the remaining 7.7 percent going to the health sector, Dr […]
Read MoreKUALA LUMPUR: Berjaya Sports Toto (BST) and Magnum reported stable and growing gaming revenue with Q3 industry lotto revenue hitting a record high, according to Maybank Investment Bank Research. The research firm has trimmed Magnum target price by 7% to RM2 for lower DPR of 60%, noting that it prefers BST over Magnum. “Since 2010, industry revenue […]
Read MoreJAKARTA: Almost four million new jobs, rising wages and eight interest-rate cuts in Indonesia should have been enough to spur consumers into action in the world’s fourth most populous nation. Instead, an increasing number of people are keeping a tight grip on their purse strings and putting their money in the bank, leaving policy makers […]
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Thailand
