Myanmar is planning to take a US$60 million loan from the Asian Development Bank (ADB) to establish a Credit Guarantee Corporation (CGC), U Maung Maung Win, the Deputy Minister for the Ministry of Planning, Finance, and Industry, said in Parliament on May 21. The proposal was sent by the President. U Maung Maung Win said […]
Read MoreMoody’s Investors Service says Cambodia has strong fiscal buffers to counter disruptions to trade and growth arising from the COVID-19 pandemic. In a statement released in Singapore Friday, the US credit rating agency said slowdowns in China, the EU and the US would deter Cambodia’s growth prospects this year, with GDP forecast to contract 0.3 […]
Read MoreMANILA, Philippines — The country’s consumption and importation of alcoholic beverages are expected to rise further despite the higher excise tax on the commodities due to the government’s tax reform program. In a report, the United States Department of Agriculture-Foreign Agricultural Service (USDA) said traders are expecting sales to continue growing by five to 10 […]
Read MoreThe Hanoitimes – While other countries are setting up specific and clear priorities to attract FDI projects, Vietnam is still pursuing a strategy with multiple targets that could lead to missed opportunities. Vietnam is not the only magnet for a new wave of foreign direct investment (FDI), which came as a result of global companies diversifying […]
Read MoreGEORGE TOWN, May 25 — Penang government has released a set of guidelines to reopen arts and cultural spaces, emphasising on social distancing and other public health requirements mandated by the federal and state governments. In a statement today, Penang Tourism, Arts, Culture and Heritage Committee chairman Yeoh Soon Hin said the Public Health Safety […]
Read MoreVietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per year, according to a master plan on e-commerce development for 2021-2025. Vietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per […]
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Thailand
