A government prakas that requires all businesses to post prices of their goods and services in the local riel currency has had little impact on pricing practices, with the vast majority of businesses in Cambodia continuing to quote prices in US dollars and authorities showing little resolve to enforce the decree. The Ministry of Commerce […]
Read MoreA series of digital trade shows and activities are being lined up to capitalise on the booming digital economy in Thailand and across Southeast Asia. Starting from this month, Thailand Convention and Exhibition Bureau (TCEB) will kick off its “Empowering Thailand Exhibition”, or Emtex, a year-round initiative specifically to strengthen business events in domestic market. […]
Read MoreThe World Bank’s economists have advised the government to take concrete measures to ensure that spending is as effective as possible in order to control public debt, which has risen far above an appropriate level. This year, public debt reached 70.5 percent of the country’s Gross Domestic Product (GDP), up from the 68.1 percent recorded […]
Read MoreEven though demand is rising, condominium rentals for foreigners have decreased by 10 percent this year, Dr Htoo Myat Naing from Estate Myanmar told The Myanmar Times on October 9. “Previously, rentals were increasing or stable. The decreasing [rentals] this year is happening for the first time. I don’t foresee it climbing back up. This […]
Read MoreTEMPO.CO, Jakarta – Investment Coordinating Board (BKPM) chief Thomas Lembong has called for foreign direct investment in new tourist destinations that are currently being developed by the government. He said that investment in the sector would be profitable. Thomas said that investors who have invested in Bali in the past ten years in hotels, resorts and villas […]
Read MoreKUALA LUMPUR: Business sentiment among Malaysian companies improved further for the third consecutive quarter in the fourth quarter (Q4 17), reaching its new peak in six consecutive quarters. According to Dun & Bradstreet (D&B) Malaysia’s Business Optimism Index (BOI) study, overall BOI climbed from +3.40 percentage points in Q3 17 to +5.52 percentage points in […]
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