The Governor of the Central Bank, Sonexay Sitpraxay has stated that weak domestic production is among the causes of the rapid depreciation of the KIP since June this year, according to a report in the Party newspaper Paxason. The need to import many consumer goods has increased the demand for foreign currency, while the bank […]
Read MoreThe Ministry of Primary Resources and Tourism (MPRT) is opening up over seven hectares for investors to develop and operate eco-tourism facilities in Labi, located in Belait’s rural south. MPRT Permanent Secretary Pg Hj Kamalrudzaman Pg Hj Mohd Ishak said they were seeking proposals to invest, develop and operate two projects: privatising Labi’s multipurpose community hall to […]
Read MoreThe prevalence of cash transactions and smart phone ownership in Myanmar provides an attractive opportunity for the spread of digital savings services to underserved or unserved households, a UN expert says. UN Capital Development Fund (UNCDF) Country Coordinator for Myanmar Paul Luchtenburg said this during a talk last Saturday at a forum held in conjunction […]
Read MoreThe government has indicated that the 2019 fiscal deficit could hit its worst-case estimate as it plans to keep spending despite sluggish revenue collection. Deputy Finance Minister Suahasil Nazara said on Monday the government was now projecting a fiscal deficit of 2.2 percent to the gross domestic product (GDP) this year, hitting the upper limit […]
Read MoreSINGAPORE has for the first time made the top 10 list of the world’s most competitive places for developing, attracting and retaining talent, as ranked by Swiss business school IMD. It is also the only Asian country to make the list, which is dominated by European states. Switzerland topped this year’s IMD World Talent Ranking, […]
Read MoreThailand slipped one position to 43rd out of 63 economies in the World Talent Ranking 2019, while its regional peers Singapore, Indonesia and the Philippines advanced, according to a report conducted by the IMD World Competitiveness Centre (WCC). The sixth edition of the ranking takes into account investment and development, readiness and appeal. Indonesia ranked […]
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