mm02
Read More

Myanmar to ease decades-old alcohol import ban

Just months after the Yangon government strictly enforced a ban on stores selling foreign liquor, the Ministry of Commerce announced it would come up with draft legislation this year to relax the decades-old ban on alcohol imports. Assistant secretary U Khin Maung Lwin told The Myanmar Times that the ministry is currently drafting a bill allowing the […]

Read More
logo
Read More

Laos: Govt struggles to address budget deficit

The government has projected that the country’s budget deficit for the first six months of this year could increase to as much as 1.16 trillion kip, intensifying budgetary tension against the backdrop of continuing revenue shortfalls.   If the money to pay the principal amount owed to domestic and foreign creditors is included, Laos will require […]

Read More
phil03
Read More

Philippines: PCC shortens M&A review period

MANILA, Philippines — The Philippine Competition Commission (PCC) will shorten its review period to 15 days for certain merger and acquisition (M&A) transactions as part of the government’s efforts to improve the ease of doing business in the country. In a resolution issued on May 28 released to the media yesterday, the PCC said the […]

Read More
indo02
Read More

Indonesian firm to export coal to Bangladesh

Bangladesh is set to import coal for the first time for a power plant as part of efforts to diversify its fuel mix in the electricity generation sector. The Bangladesh-China Power Company signed a deal with an Indonesian firm in Dhaka on Sunday to import coal for the 1,320-megawatt coal-fired Payra power plant in Patuakhali. […]

Read More