Myanmar 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 […]
Read MoreThe government has established a special task force to attract businesses leaving China and facilitate their relocation to Indonesia. American, Japanese and South Korean companies are reportedly in discussions with the Investment Coordinating Board (BKPM) over their potential relocation to the Batang and Brebes industrial districts in Central Java, which are currently under development. According […]
Read MoreThe Hanoitimes – Strong development of the night economy, including prize-winning games businesses, could help Vietnam’s tourism compete with regional peers. More incentives and open policies are needed to attract investors into the billion-dollar business of prize-winning games in Vietnam which is deemed to hold huge potential for development, according to Nguyen Anh Tuan, editor in […]
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Thailand
