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Microsoft eyes rapid growth in Myanmar

DRIVEN by the need for digital transformation in both public and private sectors in Myanmar, Microsoft Corporation, a US technology giant, is confident of rapid growth in the country, according to Sonia Bashir Kabir, managing director of Microsoft for Bangladesh, Myanmar, Nepal, Bhutan and Laos. Kabir said in an exclusive interview with The Nation that […]

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Packaging firm eyes Asean expansion

Packaging business SCG announced its 2019 direction with key strategies to drive growth with more production bases in Asean and accelerating innovation and technology development to add value to products, services and the manufacturing process. Tanawong Areeratchakul, president of SCG, said: “In the past year, packaging had to cope with price fluctuations of raw materials […]

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Malaysia: Inflation falls 0.4% in February 2019

KUALA LUMPUR: Malaysia’s inflation, as measured by the consumer price index (CPI), decreased 0.4% in February 2019 from a year earlier mainly due to the drop in transport component. In a statement Friday, the Statistics Department said the overall index for CPI fell 0.4% in February 2019 as compared to -0.7% in the previous month. […]

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Thailand: State urged to offer online VAT services

Ant Financial Services Group, the operator of China’s biggest online payment platform under Chinese e-commerce leader Alibaba Group, has called on the Thai government to offer more online services for value-added tax (VAT) refunds and immigration processing to facilitate international tourists, particularly Chinese. Simon Hu, president of Ant Financial, who met Deputy Prime Minister Somkid Jatusripitak […]

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Philippines: Interest rates unchanged as inflation slows

MANILA, Philippines — As expected, the Bangko Sentral ng Pilipinas (BSP) decided anew yesterday to keep interest rates steady for the meantime as it recognized risks to economic growth due to the failure of Congress to pass the 2019 national budget. In a press conference, BSP Governor Benjamin Diokno said the Monetary Board kept the overnight reverse repurchase rate at 4.75 […]

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