The country is receiving its first ever budget support from the World Bank. The World Bank and the Myanmar government signed a US$200 million credit for a First Macroeconomic Stability and Fiscal Resilience Development Policy Operation on August 18, according to a press release from the World Bank dated August 18. The press release added […]
Read MoreMANILA, Philippines – The country’s retailers are now feeling the pinch of heightened competition from the once ignored, but now rapidly growing online shopping business, industry players told The Star. Samie Lim, chairman emeritus of the Philippine Retailers Association (PRA), said many of their members are losing some customers to online shopping, which has become a […]
Read MoreMyanmar has until December 31, 2018, about 16 months, to join the ASEAN Economic Community (AEC), which aims to create a single market and production base with a free flow of goods, services, labour and capital across its member states. The AEC has so far achieved some success in eliminating tariffs and facilitating trade, streamlining […]
Read MoreOrganic laws concerning the new excise tax rates, which will apply to all products subject to excise duties except for alcohol and cigarettes, will top the cabinet’s agenda this week. The cabinet will seek to approve new duties for alcohol and cigarettes shortly before the new excise tax regime comes into force on Sept 16. […]
Read MoreKUALA LUMPUR: CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak expects the economic growth to ease in the second half of the year. “I think we should lower down our expectation for the second half of this year,” he said when asked on the economic growth. “If you look at analysts expectations, they are expecting a […]
Read MoreMANILA, Philippines – Across the Philippines and Asia’s other emerging economies, some $800 billion in investment opportunities go unfilled each year because capital markets are less reliable than issuers might like. Infrastructure is a particularly acute need for the Philippines, which has set an ambitious goal of increasing its infrastructure spending to seven percent of […]
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Thailand
