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Myanmar: RTAD to ease rules for expired vehicle license and driver’s license

Road Transport Administration Department (RTAD) announced that it will ease fines and other fees for overdue or expired vehicle licenses and driver’s licenses since the operations of the department have been suspended during the pandemic.  The department will relax initial registration, overdue fines, and extension of vehicle licenses and driver’s licenses during the suspension of […]

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Vietnam gov’t warns of interest groups profiteering from SOE privatization

The government would continue to hold majority stakes at state-owned commercial banks, and maintain presence in companies operating in fields that are essential to the economy. The Vietnamese government has issued a resolution urging economic corporations and state-owned enterprises (SOEs) to prevent interest groups from profiteering during their processes of privatization and divestment of state […]

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Thailand: Retailers accused of subsidy scheme breach

The Finance Ministry has submitted information to the Economic Crime Suppression Division (ECD) for an investigation into three stores that could be in breach of the government’s co-payment scheme conditions. The information is intended to be used as additional evidence for legal prosecution, said Pornchai Theeravet, deputy spokesman of the Finance Ministry and adviser on […]

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SME Bank of Cambodia open for business

The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. It is on the corner of Street 51 (Pasteur) Street 126 (Prey Nokor), Phsar Thmei Ti Muoy, Commune,  Daun Penh District, in Phnom Penh. As a state-owned policy bank, it aspires to be consistent and has aligned itself with the strategic […]

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