Foreigners will be given more flexibility to invest in the local property sector, according to new rules under the Condominium Law announced Thursday. The Condominium Rules are the final steps of the implementation of the Condominium Law, which was approved last year. The rules, which were signed by the Union Minister for Construction on December […]
Read More[JAKARTA] Indonesia posted a trade surplus for a fourth consecutive month in November, the statistics bureau said on Friday, although narrower than expected. The November surplus was US$130 million, the bureau said, the smallest so far this year. It was supported by continued growth of commodities exports to main shipping destinations such as China and […]
Read MoreCOME Jan 1, there will be a new measure to help borrowers avoid accumulating excessive unsecured debts. The new Credit Limit Management Measure will cap the additional unsecured credit that a financial institution (FI) may extend to a borrower whose outstanding unsecured debts exceed six times his monthly income. Under the new measure, where an […]
Read MoreA new Free Trade Agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) and a related Investment Agreement are set to create fresh opportunities for business collaboration between Hong Kong and Myanmar. “These two agreements will provide a more competitive platform for companies throughout the ASEAN region to do business in […]
Read MoreWhile European companies in Myanmar concurred that the domestic business environment has deteriorated this year, most see prospects improving over the next few years and almost all have opted to continue doing business in the country, findings from EuroCham Myanmar’s second Business Confidence Survey released Thursday revealed. According to the survey, more than three quarters […]
Read MoreThe new master plan to guide logistics infrastructure development in the kingdom will be ready by the end of March next year and will be pivotal in slashing costs and ramping up efficiency in transportation, a senior official from the Ministry of Public Works and Transport (MPWT) said yesterday. Speaking at a workshop on ports […]
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