Due to a decline in foreign earnings and reserves, President U Win Myint urged businesses to deal more in Myanmar kyat and less in foreign currencies at the Finance Commission’s meeting held in the Presidential Palace on April 9. The meeting was held to approve additional budgets requested by the union government and region or […]
Read MoreCentral Sulawesi has set its sights on generating Rp 20.08 trillion (US$1.42 billion) in investments this year, following the earthquake and tsunami of Sept. 28, 2018 that particularly devastated the provincial capital of Palu and surrounding areas. Data from the Online Single Submission (OSS) system show that 400 local and foreign investors are interested in the province. “We are optimistic that we […]
Read MoreONE OF THE key challenges faced by entrepreneurs-to-be is operating a business in the era of disruptive technology. For example, one of the most disruptive technologies in the retail/wholesale trading business is that of e-commerce. The value of e-commerce has grown from approximately around Bt2 trillion in 2014 to over Bt3.2 trillion in 2018. It […]
Read MoreSiam Makro Plc, the operator of Makro cash-and-carry stores, has more than tripled its investment budget this year to ramp up expansion at home and abroad. Suchada Ithijarukul, the company’s chief executive, said Siam Makro has increased the investment budget to 8.5 billion baht from last year’s 2.5 billion to accelerate expansion this year. Of […]
Read MoreLocal businesses are now seeing a light at the end of the tunnel for the property and construction sectors, where demand has been low in recent years. A total of 32 property developers and construction companies were issued with developer licenses from the government last week, three months after a building management committee was formed […]
Read MoreKUALA LUMPUR: Malaysia recorded a slight increase in the labour force participation rate at 68.6% while the unemployment rate remained at 3.3% in January 2019, according to the Statistics Department. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said on Monday the labour force participation rate in January 2019 increased by 0.1 percentage point to 68.6% on-month and increased by 0.4 […]
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Thailand
