Myanmar’s trade deficit for the first six months of the 2017-18 fiscal year has widened to $2.2 billion compared to $1.8 billion during the same period in the previous FY, data by the Ministry of Commerce showed. Exports from April 1 to September 22 amounted to $6.5 billion while imports totaled more than $7billion. Trade […]
Read MoreMANILA, Philippines — Malacañang on Tuesday said it remains upbeat that foreign direct investments in the country will improve after a significant drop in the influx of new investments was recorded in the first six months of the year. Citing data from the Bangko Sentral ng Pilipinas, Senate Minority Leader Franklin Drilon recently flagged the 90.3 […]
Read MoreThe World Bank is urging Asean member countries to ease labour restrictions so migrant workers can earn money overseas to boost welfare and deepen economic integration. Migration is growing at a faster rate in Asean than within any other region globally, according to one of the bank’s cartoon-filled reports released Monday entitled Migrating to Opportunity. Between 1995 […]
Read MoreKUALA LUMPUR: Mega First Corporation Bhd has secured loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos. It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club deal facilities totalling US$150mil comprising – term […]
Read MoreTEMPO.CO, Jakarta – Director General of Tax said that, as of September 30, total tax revenues reached Rp770.7 trillion or 60 percent of the target set in the revised 2017 state budget (APBN-P) or Rp1,283.6 trillion. As such, the Tax DG needs to collect Rp513 trillion more to meet the target. “The realization dropped 2.79 percent [year-on-year]…,” […]
Read MoreThe European Union and the US are considering targeted sanctions against Myanmar military leaders in response to a mass exodus of Rohingya Muslims from northwest Rakhine, Reuters has reported, quoting officials familiar with the discussion. Around half a million Rohingya Muslims are reported by the United Nations to have fled to neighbouring Bangladesh after an […]
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Thailand
