phil01
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Philippines: GOCC subsidies drop 70% in February

MANILA, Philippines — The national government extended P2.77 billion in subsidies to government-owned and-controlled corporations (GOCCs) in February, the bulk of which went to irrigation and agriculture programs, according to the Bureau of the Treasury (BTr). Based on the latest cash operations report of the Treasury, government subsidies to state corporations reached P2.77 billion in […]

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th01
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Thailand: Central revamps website

Central Department Store Co has relaunched its online business aiming to raise its online sales to over 10 billion baht in four years, up from only 250 million last year.  Natira Chirathivat Boonsri, the company’s president, said the company invested 250 million baht in redesigning the company’s website, central.co.th, making it more modernised to respond to […]

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indo04
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Myanmar: Property investments now more clear-cut for foreigners

Property developers and investors have been looking forward to stable regulations and foreign participation in the local real estate sector since the Condominium Law was enacted in 2016 and gradually enforced. Firmer home ownership laws are expected to draw higher volumes of foreign investment, which, in turn, will benefit businesses along the supply chain, from […]

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thai01
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Thailand Post focuses on e-commerce

THAILAND POST has unveiled a new strategy to become an integrated facilitator promoting e-commerce in Thailand which is posting an annual growth rate of 30 per cent, according to Parisa Pananond, executive vice president for marketing. The move is in line with the company’s vision “to be an international standard postal service provider and an […]

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