Myanmar yesterday opened the first Mineral Development Bank (MDB) to provide banking services to small and medium size enterprises (SMEs) in the gems and mineral sector. “The MDB was established to provide loans for developing technologies in the extraction of gems and minerals and production of finished products,” said U Ohn Win, Minister for Natural […]
Read MoreEfforts must be taken to lessen Myanma Oil and Gas Enterprise’s (MOGE) tax burden from contracts signed with joint-venture firms to work offshore oil and gas fields, a report states. According to the “State-Owned Economic Enterprise Reform in Myanmar: The Case of Natural Resource Enterprises” report by the Natural Resource Governance Institute (NRGI) and Renaissance Institute, […]
Read MorePETALING JAYA: Tumbling crude oil prices have stoked concerns over the government’s ability to meet its budget deficit target in 2019. The market has also turned nervy, considering the potential impact on oil and gas (O&G) companies as well as the government’s coffers. The Brent crude oil futures closed at US$65.46 per barrel as at […]
Read MoreMANILA, Philippines — Term deposit rates rose across-the-board to hit record levels ahead of the rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP) scheduled today. The seven-day term deposits fetched a record yield of 4.8291 percent, 8.49 basis points higher than last week’s 4.7442 percent, while the rate of the 14-day tenor increased 7.52 […]
Read MoreThe Hanoitimes – Cut-off and simplification of investment and business requirements are important policies of the government for significant changes in the business environment and competitiveness of the economy. The government on November 7 issued Decree No. 151 to cut off and simplify 117 business requirements in five sectors under the management of the Ministry of […]
Read MoreSingapore companies have big plans to expand in ASEAN over the next two years and Myanmar, with its growth potential and overall investment climate, is on the cards for many, according to a recent survey by the Singapore Business Federation (SBF). The survey, conducted from December 2017 to March 2018, collected views from 1036 Singapore companies […]
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Thailand
