MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has downplayed the risks posed by the offshore gaming industry to the real estate and banking sectors, saying measures are in place to manage the exposure of banks. In a press briefing, BSP Governor Benjamin Diokno said the reliance of the real estate sector to Philippine […]
Read MoreThe economic outlook for Myanmar for the coming year looks resilient, but the country faces enormous risks posed by internal tensions and international economic trends, according to the World Bank. In its latest Myanmar Economic Monitor — released last week and published every six months — the World Bank predicted that the country’s grow domestic product would […]
Read MoreLaos’ Special and Specific Economic Zone (SEZ) Promotion and Management Office and domestic SEZ authorities are gearing up to promote operations in various zones across the nation. This year, the office will attract at least 163 firms with high quality investment capacity and encourage registered companies to implement their operational agreements. Last year, 202 companies […]
Read MorePrime Minister Hun Sen on Friday called on the Vietnamese to invest in the Kingdom’s rice processing sector. Speaking at an annual dinner with the Vietnamese business community in Cambodia ahead of Tet – the Vietnamese Lunar New Year – Hun Sen said the Kingdom’s annual rice exports to Vietnam amounted to between one and […]
Read MoreAn economic stimulus package to allow Thai citizens to buy goods at duty-free shops in three southern border provinces will be tabled for approval at a mobile cabinet meeting in Narathiwat on Monday and Tuesday, an official said on Sunday. The package is designed to boost the economy in Pattani, Yala and Narathiwat, said Chakkrit […]
Read MoreForeign direct investment (FDI) into Myanmar is expected to grow this year, the Myanmar Investment Commission (MIC) says. Already, FDI into Myanmar in the first three months of fiscal year 2019-20 is double what it was in the same period in the previous fiscal year, the commission said. “Currently, FDI in the country shows obvious […]
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