The second Thailand-Myanmar Friendship Bridge linking Thailand’s Mae Sot district and Myanmar’s border city of Myawaddy on the Thai-Myanmar border has been officially opened to facilitate cross-border transport of goods and people. Prime Minister Prayut Chan-o-cha and Myanmar State Counsellor Aung San Suu Kyi presided over the opening ceremony held on Tuesday in the middle […]
Read MoreMANILA, Philippines — The discrepancy in the trade data recorded by the Philippines as against figures reported by its trading partners worsened in 2018 due to lapses in the collection of export data, the Department of Finance (DOF) said yesterday. Comparing data from the International Monetary Fund (IMF) Direction of Trade Statistics and the Philippine Statistics Authority (PSA), Finance […]
Read MoreSINGAPORE – Singapore is the third most vulnerable Asia Pacific country to a sustained trade slowdown in China after Hong Kong and Mongolia, according to a Moody’s Investors Service report released on Tuesday (March 19). The report examined 23 rated countries in the region to identify the most vulnerable to slower growth in Chinese demand, and which […]
Read MoreContractors are crying foul over key political parties’ campaign promises to raise the daily minimum wage to higher than 400 baht, saying it will raise people’s cost of living and those enjoying the most benefits will be foreign workers. Wirot Charoentra, managing director of SET-listed contractor Pre-Built Plc (PREB), said a rise in the daily minimum […]
Read MoreKUALA LUMPUR: CIMB Equities Research expects Gas Malaysia’s earnings will likely remain stable post after the implementation of the third party access (TPA) and incentive-based regulation (IBR) regulatory period 2 in 2020. It said on Wednesday the group aims to at least maintain its FY19 dividend per share at a level similar to FY18, which […]
Read MoreDiscussions will be made with the relevant departments to reduce visa restrictions on western travelers, said U Yan Win, chair of Myanmar Tourism Federation. The move comes after the government last year approved visa exemptions for tourists from Japan, China and South Korea in a bid draw more Asian travelers to Myanmar. “Granting visa exemptions […]
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