GIVEN THE government’s efforts to accelerate reforms and to modernise the financial sector, Myanmar’s economy is projected to increase to 6.7 per cent next year, according to Ellen Goldstein, World Bank director for Myanmar, Cambodia, and Laos. She said at the launch of the latest Myanmar Economic Monitor on Thursday that the medium term outlook […]
Read MoreThe Hanoitimes – Vietnamese firms have invested in 19 countries and territories with 34 new projects worth nearly US$130 million in the first four months of this year, the Foreign Investment Agency under the Ministry of Planning and Investment reported. Besides traditional markets like Laos, Cambodia and Myanmar, the firms have also launched investment projects in […]
Read MoreBank Indonesia’s (BI) decision to raise its reference rate by 25 basis points on Thursday has had almost no effect on either the rupiah exchange rate or the stock market. On Friday morning, the rupiah weakened by 0.63 percent to Rp 14,134 against the US dollar, according to Bloomberg. Other regional currencies also weakened against […]
Read MoreThe Hanoitimes – The proportion of FDI enterprises selecting to use commercial arbitration, instead of going to court, in cases of dispute is 40 percent thanks to its effectiveness and transparency. Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre (VIAC) said at a recent seminar that the rate of disputes in Vietnam […]
Read MoreBank Indonesia (BI) has raised its policy rate as it seeks stability amid lingering external pressures, while hinting at further increases down the line. The central bank’s seven-day reverse repo rate was increased by 25 basis points to 4.50 percent, while lending facility and deposit facility rates were also raised by 25 bps, to 5.25 […]
Read MoreMore than 1,000 local and international investors took part in the Yangon Investment Forum 2018 (YIF 2018) in Myanmar’s former capital last week. Organised by the Yangon Region Investment Committee (YRIC) and the Directorate of Investment and Company Administration (DICA), YIF 2018 was designed to showcase Yangon as a leading investment destination in Asia. Yangon […]
Read More
Thailand
