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Philippines: New law a boon for foreign investments

MANILA, Philippines — Foreign investments are expected to further pick up following the signing into law of a measure that would make doing business easier by promoting efficient government services. American Chamber of Commerce of the Philippines executive director Ebb Hinchliffe said the new law on ease of doing business would encourage and entice more […]

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Myanmar’s future relies on more jobs and better jobs

Quality and inclusive jobs are a crucial component of Myanmar›s future development, according to a report by the Myanmar Young Entrepreneurs Association and the World Bank Group released yesterday in Novotel Hotel, Yangon. Myanmar›s challenge is to improve job quality to boost the well-being of employees and the workforce’s competitiveness. More than 90 percent of Myanmar›s […]

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Trainmaker signs more purchase agreements with Philippines

After signing an agreement in January, state-owned train manufacturer PT Industri Kereta Api (INKA) signed on Monday another purchase agreement with Philippine National Railways (PNR). The agreement consists of the purchase of four sets of diesel-powered trains with a value of US$21.4 million, as well as the purchase of three locomotives and 15 passenger trains […]

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Myanmar: Petroleum trade group urges govt to enforce regulation

Myanmar Petroleum Trade Association (MPTA) secretary U Win Myint has expressed the need for the government to strictly enforce the recently enacted petroleum and petroleum products law in light of the widespread practice of retailers selling a mixture of imported and local fuel. Dr Myint stated the practice was tarnishing stations which adhere to the law and sell […]

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