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Bridge project expected to boost China-Myanmar trade

The construction of a new road and bridge near the existing Goke Hteik railway viaduct in western Shan State will begin this year, the Ministry of Construction has announced. The major infrastructure project along the Mandalay-Muse road, a significant border-trade route, is expected to significantly boost the transportation of goods between China and Myanmar once […]

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Thailand: Firms confident about 2019 GDP

Business operators have an optimistic outlook on the country’s GDP in 2019, thanks to the upcoming general election, implementation of the Eastern Economic Corridor (EEC) and the coronation ceremony for His Majesty the King.  Kalin Sarasin, chairman of the Thai Chamber of Commerce, said the election time frame is expected within 150 days, with a deadline […]

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Vietnam: Four new projects come to VSIP Quang Ngai

QUANG NGAI — The central province of Quang Ngai officially presented investment registration certificates to four foreign companies at the Vietnam-Singapore Industrial Park (VSIP)-Quang Ngai, with total investment of US$321 million, on Wednesday. These represent the newest projects at the VSIP Quang Ngai, bringing total foreign direct investment (FDI) in the park to $733 million since construction […]

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Thailand: E-business levy draft bill stuck in limbo

A draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, is at risk of not being vetted by lawmakers before the government leaves office.  The draft bill is being deliberated by the Council of State, said permanent secretary for finance Prasong Poontaneat.  The bill should have been on […]

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Singapore is giving new SMEs free 6-month access to digital solutions under the Start Digital initiative

Singapore is giving new small and medium-sized enterprises (SMEs) access to two foundational digital solutions of their choice for free – at least in the first six months of the 18-month commitment period. The Start Digital initiative, launched by Infocomm Media Development Authority (IMDA) and Enterprise Singapore on Wednesday (Jan 9), will allow SMEs to […]

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