Liquefied petroleum gas (LPG) is used much less for cooking in Myanmar than it is in other countries in ASEAN and needs to be promoted, industry officials say. Officials of the World Liquefied Petroleum Gas Association said this during the Myanmar LPG Summit 2019 in Yangon last week. The association represents the full LPG value chain, […]
Read MoreMANILA, Philippines — Net inflows of foreign direct investments (FDI) tumbled by 38.2 percent to $609 million in January from $986 million in the same period last year amid the worsening trade war between the US and China which prompted jittery investors to withdraw their funds from the local equities market. According to the Bangko […]
Read MoreMACHINE manufacturer Makino Asia on Thursday launched its smart factory at 2 Gul Avenue, marking a milestone in its digital transformation journey that began in 2016. The facility consists of an existing assembly factory and a new state-of-the-art machining factory, designed with Industry 4.0 and Industrial Internet of Things (IIOT) capabilities to increase productivity and connectivity between its systems. […]
Read MoreShopee Bootcamp is the latest seller-empowerment initiative, presented in collaboration with DBD, OSMEP and key industry partners Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, reinforced its commitment to supporting the growth of Thailand’s SMEs and local entrepreneurs, via the launch of Shopee Bootcamp. According to its press release, the campaign is an […]
Read MoreDue to a decline in foreign earnings and reserves, President U Win Myint urged businesses to deal more in Myanmar kyat and less in foreign currencies at the Finance Commission’s meeting held in the Presidential Palace on April 9. The meeting was held to approve additional budgets requested by the union government and region or […]
Read MoreCentral Sulawesi has set its sights on generating Rp 20.08 trillion (US$1.42 billion) in investments this year, following the earthquake and tsunami of Sept. 28, 2018 that particularly devastated the provincial capital of Palu and surrounding areas. Data from the Online Single Submission (OSS) system show that 400 local and foreign investors are interested in the province. “We are optimistic that we […]
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