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Myanmar: No approvals required for commercial livestock farming investments below $5M

Only capital investments in commercial livestock farming exceeding $5 million or K6 billion will require approval from the Ministry of Agriculture, Livestock and Irrigation, according to the Myanmar Investment Commission on Wednesday.  Investments in commercial livestock farming below $5 million will no longer require government approval.  Investments in livestock and fisheries, which include those in […]

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Singapore Budget 2018: PayNow to be extended to businesses, public agencies

BUSINESSES will soon be able to receive payments from other businesses and even consumers through homegrown funds transfer tool PayNow, announced Vivian Balakrishnan, Minister-in-Charge of the Smart Nation Initiative, at the Committee of Supply debate yesterday. The Business Times understands that PayNow Corporate will be launched around August this year, and will likely impact B2C […]

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Indonesia: Inflation recorded at 0.17 percent in February

The Central Statistics Agency (BPS) recorded 0.17 percent month-on-month inflation in February, compared to 0.62 percent inflation in the previous month. Cumulative inflation in January and February was recorded at 0.79 percent, while year-on-year inflation was recorded at 3.18 percent in February. “Inflation was sparked by price increases in all spending components from processed foods, […]

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