The Ministry of Tourism is seeking recommendations from the COVID-19-hit tourism-based businesses in order to prepare a rescue plan for the sector. Businesses such as hotels, guest houses, resorts, massage and spas, restaurants other tourism-related businesses can share their recommendations in order for the ministry to define the scale of the impact and come up […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (Nodx) rose in April, due mainly to a jump in pharmaceuticals from a low base, Enterprise Singapore data showed on Monday (May 18). Nodx increased 9.7 per cent last month from a year earlier, backed by a 12.8 per cent surge in non-electronics exports that included a 174.3 per cent […]
Read MoreChina is urging Myanmar to move forward with several agreements made during Chinese President Xi Jinping’s visit to the country in January. During a meeting last week, Chinese ambassador to Myanmar Mr Chen Hai and U Set Aung, deputy minister of Planning and Finance, discussed how to ensure continuous development of the China-backed New Yangon […]
Read MoreWhile most businesses have been forced to downsize and have halted recruiting new staff, a recent survey has found that some companies are continuing to hire new employees as part of their strategy for faster recovery after the health crisis ends. A recently published month-long survey by Mekari, a human resource and financial solutions start-up, shows that most Indonesian companies have either frozen or reduced hiring […]
Read MoreThe draft law on anti-money laundering and combating the financing of terrorism (AML/CFT) has been approved at a Council of Ministers meeting chaired by Prime Minister Hun Sen. The law is designed to guarantee against AML/CFT by identifying measures to prevent it, crack down on it and combat such activities in the Kingdom. After approval […]
Read MoreThe Export-Import Bank of Korea will provide Myanmar with a US$30 million COVID-19 Emergency Equipment loan from its Economic Development Cooperative Fund (ECDF). The decision was made on May 14, during a meeting between Mr Kim Yu-Shin, director of EDCF’s Operations Department, and U Thant Sin, Myanmar ambassador to the Republic of Korea. The loan […]
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Thailand
