The Chin State government wants to prioritise a number of hydropower projects in order that more development can come to the state, which is the poorest in the Union. The state, bordering Bangladesh and India in western Myanmar and traversed by a number of mountain ranges with fast-flowing rivers, has seen much interest from foreign […]
Read MoreThe Bank of Thailand says the impact of a policy rate cut to tame offshore fund inflows would be limited and it stands ready to enact additional measures if recent moves fail to contain the baht. Interest rates are not the main factor drawing foreign fund inflows, as seen by the influx of funds to […]
Read MoreKUALA LUMPUR: S&P Global Ratings believes the economic risk in Thailand remains high on a global comparison due to its low per capita GDP despite its diversified economy. In its report entitled “Banking industry country risk Assessment: Thailand” issued on Monday, it pointed out the slower credit growth in the past couple of years amid […]
Read MoreFive European business groups in Yangon have signed a statement urging the Myanmar authorities to restore internet access in Rakhine and Chin states. The statement warns of the “possible reputational impact in the international community and view of Myanmar as a responsible investment destination” being wrought by the internet-shutdown. It says the internet blackout negatively […]
Read MoreTAIPEI: The new normal of global trade is that there are few safe harbors. That’s the lesson Eclat Textile Co. is learning. The sportswear supplier to Nike Inc. and Lululemon Athletica Inc. exited China in 2016 as conditions weren’t ideal for manufacturing, deciding instead to bulk up in Vietnam. Now, as the global trade war […]
Read MoreMORE than 40 new standards for nascent areas including drones, additive manufacturing and video analytics will be developed over the next year, as the Singapore Standards Council (SSC) steps up its standardisation efforts to keep pace with economic transformation and novel technologies, it said on Monday morning. In the past year, the industry-led SSC published 19 […]
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