Myanmar has the potential to leapfrog semi-automated production lines and jump straight into the era of Industry 4.0, or fourth industrial revolution, under which cyber-physical systems and marketplaces, smart robots and machines, big data, connectivity, energy efficiency and virtual industrialisation will take center stage. This is because Myanmar has not even fully participated in the […]
Read MoreFOOD and beverage firm Fraser and Neave (F&N) has acquired the Starbucks Thailand coffee chain. The company on Thursday said it has entered into an agreement to buy Starbucks Coffee (Thailand). The deal was done through Coffee Concepts (Thailand), a partnership between F&N Retail Connection and Maxim’s Caterers. Maxim’s Caterers is a long-time partner of […]
Read MoreTrade between Vietnam and Malaysia has increased dramatically in recent years but they still have great untapped potential, a seminar heard in Ho Chi Minh City last week. Speaking at Gateway into the Malaysia Market through Selangor International Business Summit 2019 organised by Invest Selangor Bhd and the Investment and Trade Promotion Centre of Ho […]
Read MoreLao Airlines, the country’s national flag carrier, announced that it will start flying to Phnom Penh again in October. For in depth analysis of Cambodian Business, visit Capital Cambodia Laos Ambassador to Cambodia Amphay Kindavong on Friday told Cambodian Tourism Minister Thong Khon that the airline will restore its flight connecting the capitals of both countries […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has tightened the guidelines on the selection of external auditors for banks and financial institutions to preserve the integrity of financial reports and transparency in the financial system. BSP Governor Benjamin Diokno said the Monetary Board issued a resolution approving the revised framework on the selection […]
Read MoreVIETNAM is among the top three Asean countries attracting private equity (PE) investment in terms of deal value, according to a report released by the auditing and business consulting firm Grant Thornton. The report noted that Vietnam saw 38 PE transactions in 2018 with total value of more than US$1.6bil (RM6.7bil), after Singapore and Indonesia. […]
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