MANILA, Philippines — The Securities and Exchange Commission has issued new requirements for fund managers of real estate investment trusts (REITs). Under the proposed amendments to the implementing rules and regulations of the Real Estate Investment Trust Act of 2009, majority of the members of the board of the REIT fund manager must be independent […]
Read MoreMyat Myittar Mon Company, which imports petrol and operate petrol stations in Myanmar, wants to expand into the business of importing, storing and distributing aviation fuel, or jet fuel, its managing director, U Win Myint, told The Myanmar Times. The company has already sent proposals to the Minister of Transport and Communication and Department of Civil […]
Read MoreThe Hanoitimes – Investments in high-tech projects will continuously receive more preferential treatment in the time ahead when the government continuously plans to give top priority to high-tech industries in the nation’s new FDI attraction strategy in the next decade. Vietnam is seen as an increasingly attractive investment destination for many South Korean firms, supported by […]
Read MoreAwide-ranging delegation of Malaysian companies attended a business seminar in Phnom Penh to explore investment opportunities in Cambodia. Speaking at the event, Raja Badrulinzam Raja Kamalzaman, director of the Asean & Oceania Section of the Malaysia External Trade Development Corporation (Matrade), said the Malaysian delegation represents 25 companies looking for local trade partners to enter […]
Read MoreMANILA, Philippines — Monetary authorities are likely done with their easing cycle at least this year after slashing interest rates by 75 basis points due to the continued downtrend in inflation, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. “It’s likely closed. I think everybody is happy,” Diokno said. The BSP has two […]
Read MoreThe Digital Economy and Society (DES) Ministry’s demand that all cafes store data passing through their WiFi connections has drawn flak from shop owners, especially small-scale operators, who said the measure would impose a financial burden on them, including server expense. Digital Economy and Society Minister Buddhipongse Punnakanta said on Tuesday that coffee shops must keep the […]
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Thailand
