The Asian Development Bank (ADB) sees growth across Asia-Pacific falling to a 59-year low largely because of the COVID-19 pandemic, with Brunei Darussalam’s gross domestic product (GDP) forecast at 1.4 per cent this year compared to two per cent as previously projected. However, the ADB’s Asian Development Outlook (ADO) Supplement report released on Thursday showed […]
Read MorePUTRAJAYA: Malaysia is still in early discussions with Singapore and Brunei on the possibility of reopening its borders with the two countries. “So far, it is still in the early stages, and currently the discussion does not only involve the Ministry of Health, but also the Ministry of Foreign Affairs and others. “The team from the […]
Read MoreMyanmar is expecting a budget deficit of K6.8 trillion in fiscal 2020-21, or 5.4 percent of the GDP, according to the Finance Commission chaired by President U Win Myint. According to the Finance Commission’s estimates revealed at a meeting on June 22 in Nay Pyi Taw, national revenue will total K27.8 trillion in fiscal 2020-21, […]
Read MoreWing (Cambodia) Ltd Specialised Bank and Canadia Bank Plc inked a partnership to drive financial inclusion and provide every Cambodian easy access to cash. Both banks are working together to fill in the Kingdom’s gap in financial services and to explore new opportunities to ensure that every Cambodian enjoys convenience and security when it comes […]
Read MoreMall operators Siam Piwat and The Mall Group are urging the government to allow resumption of flights from CLMV (Cambodia, Laos, Myanmar, Vietnam) nations in an effort to reboot the retail business. Mayuree Chaipromprasit, senior executive vice-president for marketing at Siam Piwat, said the company would like to ask the government to permit foreign tourists […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Yoma Strategic on Wednesday (June 24) proposed to increase its existing shareholding and take a controlling interest in mobile payments firm Digital Money Myanmar (Wave Money) via a US$76.5 million (S$106.2 million) deal. The Myanmar-focused, mainboard-listed company intends to first restructure the holding of its interest in Wave Money, by […]
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Thailand
