Myanmar is preparing to open up its insurance industry to foreign businesses, expecting to attract firms that see high potential in a country where few people have coverage and the middle class is growing. Within the next few weeks, the government will announce bids for three licences that will allow 100% foreign-owned companies to offer life insurance […]
Read MoreThe Hanoitimes – Nawaplastic Industries, a subsidiary of Thailand’s Siam Cement Group (SCG), successfully acquired 24.1 million shares of Binh Minh Plastic from the State Capital Investment Corporation (SCIC) at the Ho Chi Minh Stock Exchange on March 9. With a successful bidding price of at VND96,500 (US$4.26) apiece, SCIC raised over VND2.3 trillion (US$101.2 million) […]
Read MoreConsumer confidence dropped for the first time in seven months in February, as people were worried about low commodity prices, the baht’s strength, the political situation and wage rises. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), February’s consumer confidence index stood at 79.3, down from 80 in January, […]
Read MoreVIENTIANE, March 9 (Xinhua) — The Lao Ministry of Post and Telecommunications has named the development of e-commerce as one of its core strategic goals over the next 10 years. According to the long-term development plan, which has been posted on the ministry’s website, Laos will complete the construction of essential Information and Communications Technology […]
Read MoreThe Ministry of Mines and Energy announced that 88 percent of villages nationwide will be electrified by the end of the year, setting the government on its way to achieve its goal of connecting every village in the country to the national grid by 2020. According to Victor Jona, director-general of the electricity department, by […]
Read MoreHSBC Global Asset Management on Thursday said it has launched its first dedicated Singapore-dollar (SGD) income bond fund for retail investors in the Republic. The minimum investment sum stands at S$1,000, and investors may buy into the fund at any HSBC retail banking branch, a company spokesman told The Business Times. The HSBC Global Investment […]
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Thailand
