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Growing mobile penetration gives Myanmar fintech a big boost

Financial technology services in Myanmar have boomed following an increasing number of mobile users, according to a report from Fitch Solutions Macro Research. The rise in mobile subscribers began after the government opened up the telecommunications sector in 2014, though enforced supportive regulations and point-of-sale (POS) payment solutions are still lagging behind. Fitch Solutions, a […]

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Laos urged to speed up energy transfer

Cambodia yesterday asked Laos to speed up the transmission of energy to the Kingdom under a deal signed earlier this year. In March, Electricite du Cambodge (EDC) signed an agreement to purchase 200 MW from Laos from 2019 to 2021. During a meeting yesterday in Phnom Penh, Commerce Minister Pan Sorasak urged Laotian Ambassador Amphay […]

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Vietnam slashes business license fee to spur economic growth

The new adjustment is revealed as part of a recently-released circular of the Ministry of Finance, prescribing the rates of charges for provision of enterprise information and fees for enterprise registration. The business license fees, including new issuance, renewal or modification, in Vietnam would be slashed by a half, starting September 20, as the government […]

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