HSBC has announced a series of recommendations for how Southeast Asia can better attract private investment for projects that are both economically and environmentally sustainable. Presented to Asean finance ministers last week ahead of their annual ministerial summit, the recommendations were a response to the disproportionate impact of climate change on the region, along with […]
Read MoreThirty professionals and regulators became the first batch of directors to be certified in Myanmar, following the conclusion of the country’s inaugural Directors Certification Programme. The three-day intensive programme was developed by the Myanmar Institute of Directors (IoD) together with IFC, the World Bank’s investment arm, in partnership with the Singapore Management University Executive Development. […]
Read MoreCustoms cooperation and robust financial infrastructure remain the top challenges for Asean in its bid to deepen economic integration and redistribute economic wellbeing, Asean finance ministers and central bank governors concluded at a two-day meeting in Chiang Rai, Thailand on Friday. One of the major goals for the 10-nation bloc is a faster, efficient and […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) has directed the Bureau of Internal Revenue (BIR) to work closely with the Department of Trade and Industry (DTI) in curbing a new scheme perpetrated by illegal tobacco traders involving the suspected use of recycled tax stamps on fake cigarettes. Finance Secretary Carlos Dominguez has ordered BIR […]
Read MoreJAKARTA/BRUSSELS: Indonesian President Joko Widodo and Malaysian Prime Minister Mahatir Mohamad have signed a joint letter of objection to the European Union over its plan to phase out the use of palm oil in renewable fuel, and sent delegations to complain in Brussels. The letter was sent to the EU over the weekend, said Luhut […]
Read MoreSumpan Kiatsommart, president of Basini Enterprise, which makes shoes for export, decided 15 years ago to set up a second factory near the Three Pagodas Pass in Sangkhla Buri district, Kanchanaburi, to avoid a labour shortage. Mr Sumpan’s decision proved sage, as a huge workforce and cheaper wages followed, which increased the company’s export competitiveness. Founded […]
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Thailand
