The government has vowed to keep train fares affordable in a bid to attract more people to use the mass transportation system and, eventually, reduce road traffic. Transportation Minister Budi Karya Sumadi said state railway company PT Kereta Api Indonesia (KAI) had agreed to keep providing comfortable and affordable mass transportation to the public. “PT […]
Read MoreThe reform of Myanmar’s opaque and powerful state-owned enterprises (SOE) has been delayed for over a year due to sensitivity surrounding the industries. A public debate in Mandalay to reform Myanmar’s state-owned enterprises engaged in the extractive sectors was held under the work programme of Myanmar Extraction Industries Transparency Initiative (EITI), according to Department of […]
Read MoreMANILA: The Philippines economy is staging a comeback this year. After last year’s inflation shock, a 5% slump in the currency and a widening current-account deficit, pressure is starting to ease. Consumer-price growth slowed last month, the peso and stocks are rebounding, and the current account is set to remain manageable. Economic growth is expected to exceed […]
Read MoreTHE share of workers in Singapore whose companies offer formal flexible work arrangements continues to grow, and employers are offering more types of arrangements. Last year, 72 per cent of employees worked in companies that offer at least one such arrangement, such as part-time work, flexible hours or tele-working, up from 70 per cent in […]
Read MoreThe SME Bank, a government initiative to enhance access to funding for local small and medium-sized enterprises, will come online late this year, a high ranking public official said. Vongsey Visoth, Secretary of State at the Ministry of Economy and Finance, said the budget for the new institution has been completed. He said the goal […]
Read MoreTHOUGH Myanmar’s stock market is yet to be very active due to a lag in investor interest, another move is now under way to set up a derivatives market in the nation, according to a workshop held at the Yangon Stock Exchange (YSX) yesterday. Min Htike Aung, managing director of New World Financial Group, said […]
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Thailand
