Inflation could still breach 4.0 percent, a senior Bangko Sentral ng Pilipinas (BSP) official indicated, likely peaking in the July-September period. “In terms of our preliminary estimates on the monthly movements of inflation, we expect inflation to peak by the third quarter,” central bank Deputy Governor Diwa Guinigundo told reporters. “Thereafter, we should be seeing […]
Read MoreThe Ministry of Transport and Communications, with help from the Japan International Cooperation Agency (JICA), is drawing up a National Logistics Master Plan to supplement the existing National Transport Master Plan in Myanmar. Mr Masayuki Karasawa, chief representative of JICA’s Myanmar Office, presented the National Logistics Master Plan, which is expected to be launched within […]
Read MoreGrab has officially launched its motorbike taxi service and started beta testing a tuk-tuk and rickshaw service in Phnom Penh and Siem Reap, according to a press release issued by the company on Friday. Grab Bike, which has been in beta testing for nearly two months in Phnom Penh’s central districts, launched full services in […]
Read MoreThe Bangko Sentral ng Pilipinas (BSP) cannot continue holding off interest rate hikes and will likely announce adjustments beginning May this year. Japan’s Nomura, Fitch unit BMI Research and banking giant HSBC said they continue to expect rate increases before the end of 2018 given rising inflation, The central bank’s policymaking Monetary Board last week […]
Read MoreKUALA LUMPUR: Maybank Investment Bank Research is cautious on Yinson Holdings over the latest development in the Red Emperor or Ca Rong Do (CRD) project offshore Vietnam. It was reported that Vietnam halted the oil drilling project in the Red Emperor block off its southeastern coast licensed to Spanish energy firm Repsol following pressure from China. Red […]
Read MoreAn electronic registration system is being set up by the Directorate of Investment and Company Administration. The digital system, called Myanmar Companies Online, will be part of the reforms entailed by the new Companies Law, which was enacted last year but will be implemented on August 1. In an announcement, DICA said that the new system […]
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