As Myanmar steadily develops after rejoining the global economic community, foreign investors are becoming more and more interested in doing business there, thanks, in part, to the low cost of labour and high potential for growth. Any investor interested in doing so however should be aware of the speed of legal change there, and be careful […]
Read MoreThe Bank of Thailand will take into account access to banking services and familiarity with technology before making a decision on banks’ proposal to charge fees for cash transactions at branches and ATMs, a senior official says. The central bank must also consider the readiness of financial services across the country, said Chantavarn Sucharitakul, assistant governor […]
Read MoreThe early implementation of bilateral border trade cooperation zone and the promotion of border trade, and investment between Myanmar and China were during a meeting earlier this week the Ministry of Commerce has announced. Minister of Commerce U Than Myint met with a Chinese delegation led by Mr Chen Hao, Communist Party Secretary of Yunnan Province on […]
Read MoreKUALA LUMPUR: Beginning Jan 1, 2019, the minimum contribution of employees and employers to the Employees Provident Fund (EPF) will be aligned with the Minimum Wages Order (Amendment) 2018 of RM1,100 for both Peninsular Malaysia, and Sabah and Sarawak. The EPF said a minimum contribution of RM264 was expected to be received from every worker […]
Read MoreUnited Overseas Bank (UOB) has successfully completed ASEAN’s first cross-border peer-to-peer funds transfer proof-of-concept (POC) where real-time payment was made between bank accounts linked to the account-holders’ mobile phone numbers. The POC models the cross-border funds transfer experience on peer-to-peer funds transfer services that use a bank account-holder’s registered mobile phone number as a proxy […]
Read More(KPL) Riverview, an 8-storey apartment project, a US$6.6-million joint venture between Aanandi Lao Co., Ltd and Creed Group Company, has been opened for sales. Commenced in February, 2018, the construction project has been completed by 30%. It is expected to be fully built by the end of next year. The customers who have purchased the apartment […]
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Thailand
