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Myanmar needs ‘more liberalisation’

Though Myanmar has liberalised some policies in recent years to attract more foreign direct investment, its FDI regulations are more restrictive than in most peer economies in Southeast Asia, according to the Asian Development Bank’s new report on the regional economy launched on April 11. Yumiko Tamura, principal country specialist at ADB Myanmar Resident Mission, […]

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Cambodia: Draft minimum wage law talks finished

Following a request by a senior officer of the US State Department to hold another discussion on the draft minimum wage law, a tripartite group consisting of employers, unions and the government met again yesterday to check the law before sending it to relevant ministries. Last month, Sarah Morgan, an official with the US Office […]

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Inequality, Migration, & Industry 4.0 Challenge GMS Prosperity

The Greater Mekong Subregion (GMS) countries have made stunning progress over the past quarter century. Once plagued by poverty, they are now economic success stories. The GMS Economic Cooperation Program (GECP) has contributed significantly to this transformation. Since it was established in 1992 as a means to enhance economic relations and promote regional cooperation, its […]

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Vietnam: Open policies to lure PPP investment in transport

The Hanoitimes – Vietnam is streamlining policies on the public-private partnerships (PPP) investment model in the transport sector to make the regulations attractive to domestic and foreign investors. Deputy Transport Minister Nguyen Nhat said during a meeting on April 9 with representatives from domestic and foreign firms such as Greenland Holding Group, Vision Transportation Group and […]

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Thailand: Investors tapped for telecoms upgrade

THE Digital Telecommunications Infrastructure Fund (DIF) will raise its registered capital to Bt53.237 billion through a public offering of 3.831 billion units as a means of financing its third round of investment in telecommunications infrastructure in the face of rising Internet usage. Smith Banomyong, chief executive officer of Siam Commercial Bank Asset Management and the […]

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Philippines: FDI inflows up 57% to $919 million in January

MANILA, Philippines — The Philippines is on its way to enjoying another banner year for foreign direct investments (FDI) this year as inflows jumped 57 percent in January amid the positive investor outlook on the country’s macroeconomic fundamentals, according to Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. Espenilla said on the sidelines of […]

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