Myanmar needs to strengthen its strategy of repaying debt through the sovereign bond market, MP Daw Thet Thet Khaing said in Parliament last week. The country had internal debts of around K18 billion and foreign debts of around $9.1 billion as at January 31, 2017, according to the Ministry of Planning and Finance (MOPF). While […]
Read MoreThe cabinet on Tuesday approved a combined 6.34 billion baht for projects to facilitate the ease of doing business and upgrade the country’s competitiveness. Nathporn Chatusripitak, a spokesman for Prime Minister Somkid Jatusripitak, said of the total, 3.29 billion baht will be set aside for the Science and Technology Ministry, 2.25 billion for the Digital […]
Read MoreSoutheast Asia’s strong exports and consumption, which helped sustain rapid growth throughout the region in 2017, are in a delicate spot as demand for electronic parts falls and interest rate hikes threaten to cool spending. Last year, Vietnam and Thailand enjoyed their highest rates of growth in gross domestic product in the past decade and […]
Read MoreFinance Minister Sri Mulyani Indrawati has said several regulations are being revised to provide more tax incentives to businesspeople interested in investing in the country. She said in Jakarta on Tuesday that the four incentives were in the form of tax allowances, tax holidays, tax deductions for small and medium enterprises (SMEs), as well as incentives for […]
Read MoreStarting on April 1, the Electricity Authority of Cambodia (EAC) will continue to bring down the cost of electricity for households and enterprises in Phnom Penh and a number of provinces, according to a recent announcement by the agency. In a statement released earlier this month and signed by EAC’s chairman Ty Norn, the agency […]
Read MoreAll 7-Eleven convenience stores nationwide now accept Visa credit-card payments. The announcement comes as the Bank of Thailand plans to allow commercial banks to set up banking agents in order to provide financial-service points that are closer to people’s homes than branch operations. Many observers speculate that 7-Eleven has the potential to be a banking […]
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Thailand
