This year saw Myanmar’s Ministry of Planning and Finance opening of the local insurance market to foreign. Currently, there are five fully foreign-owned life insurers, three local-foreign joint venture general insurers and three local-foreign joint ventures life insurers, in addition to local insurance companies. One of the joint ventures is the partnership between Aya Myanmar […]
Read MoreDespite a spate of government stimulus measures, consumer confidence continued to ebb in October as the public fretted about the tepid economy, political instability, shrinking exports, low farm prices and global uncertainty stemming from trade wars and the Brexit impasse, as well as the US suspension of tariff preferences on 573 Thai goods. According to […]
Read MoreA SMALL Thai retailer who expands into online sales can boost takings by an average of 51 per cent a year, according to a new report released by an e-commerce platform provider. The shift into “e-tail” has also grown retailers’ customer bases beyond their home markets, especially for lower-income regional sellers based outside the capital […]
Read MoreOnline streaming services such as US-based Netflix and Malaysia-based Iflix are contributing to the country’s sluggish economic growth as investment in intellectual property comes under pressure, Statistics Indonesia (BPS) has warned. BPS balance and statistics analysis deputy head Sri Soelistyowati said that weakening investment growth of 4.21 percent in the third quarter, the lowest level […]
Read MoreMANILA, Philippines — The share of the consolidated general government (GG) debt to gross domestic product (GDP) rose to 38 percent in the first quarter from 36 percent as of end-2018, the Department of Finance (DOF) reported yesterday. According to data from the DOF, general government debt as of end-March amounted to P6.7 trillion, 7.1 […]
Read MoreAlternating drought conditions and flooding in northeastern Thailand are expected to cut paddy production in the region in the 2019-20 crop year by 488,000 tonnes. According to the latest report by the provincial extension offices in 20 provinces of the Northeast, paddy production from the 2019-20 main season is estimated at 12.7 million tonnes, compared […]
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Thailand
