The Myanmar Garment Manufacturers Association (MGMA) says it fears that half the garment factories in the country may have to shut down temporarily as soon as March, due to a shortage of raw materials from China. The association announced this during a press conference at the Union of Myanmar Federation of Chambers of Commerce and […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore is becoming a hub for the property-management industry: It has more foreign Reits than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been. Since the city-state saw the first share sale of a real estate investment trust in 2002, it […]
Read MoreThe Federation of Thai Industries (FTI) aims to downgrade its 2020 export projection for food products after witnessing a huge impact from the coronavirus outbreak, largely affecting overseas shipments to China. The current forecast is 1.02-1.06 trillion baht, with China the biggest destination for Thai food producers. Visit Limlurcha, chairman of the FTI’s food processing […]
Read MoreThe Hanoitimes – The increased total limit of US$294 million will enable these banks to improve their capacity to cover payment risk in granting trade financing to local companies, mostly small and medium enterprises. The International Finance Corporation (IFC), a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a […]
Read MoreCustoms-cleared exports in January unexpectedly rose for the first time in six months, increasing 3.35% from a year earlier, boosted by higher shipments of gold and oil-related products, the commerce ministry said on Monday. January’s figures compared with a Reuters poll forecast for a fall of 3.0% in shipments, a main driver of Thai growth, […]
Read MoreThe upcoming government-initiated landmark bill on taxation is expected to simplify tax regulations and boost investment in Indonesia as it proposes corporate tax cuts and requires internet companies to pay taxes, albeit at the expense of lower tax revenue. The bill, a draft of which was obtained by The Jakarta Post, will introduce several major changes […]
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Thailand
