Since 2017, when international ride-hailing companies penetrated the Myanmar taxi market, MPs and local taxi companies have urged the regional government to set rules and regulations that ensure a level playing field for the industry. However, the authorities have yet to enforce regulations on foreign ride-hailing companies. With Uber having pulled out of Myanmar last […]
Read MoreSMALL businesses in Vietnam, Indonesia and the Philippines did the best in 2018 and are most optimistic about 2019, according to a survey of small firms across 10 Asia-Pacific markets, released on April 10. Of the other two Asean countries in the survey, Malaysia came in fourth on both measures, while Singapore was fifth for […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is finalizing the implementing rules and regulations (IRR) of a new law which provides safe, efficient, and reliable payment systems in the country. The BSP has asked major stakeholders to submit comments and feedback on the draft IRR of Republic Act 11127 otherwise known as the […]
Read MoreRENTS for non-landed private homes in Singapore rose 0.3 per cent in March from February, while rents for HDB flats saw a 0.2 per cent increase, according to flash estimates from real estate portal SRX on Wednesday. Condominium and private apartment rents remained unchanged in February from January. In the HDB rental market, rents fell 0.1 per cent in February. Year […]
Read MoreThe Hanoitimes – Retail leasing markets in Hanoi and Ho Chi Minh City post average growth rates of 15% and 12% per annum, respectively. Competition is set to intensify for Vietnam’s retail leasing market, mainly due to the entry of foreign players and the rise of e-commerce, stated Viet Dragon Securities Company (VDSC) in its latest […]
Read MoreKUALA LUMPUR: Malaysia is expected to meet its gross domestic product (GDP) growth target of 4.9% despite the challenges it faces. Finance Minister Lim Guan Eng said factors backing this confidence in the economy included the positive effect of implicit stimulus financed by the RM37bil refunds for the goods and services tax and the income tax. […]
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Thailand
