The maximum amount of investments which can be approved by regional and state governments has been set to US$5 million (K6 billion). Region and state investment commissions will now be able to approve proposals without having to seek permission from Myanmar Investment Commission (MIC), according to an announcement from MIC chair U Kyaw Win on […]
Read More(KPL) Thailand’s Kasikorn Bank (KBank) has expanded its business operations by opening its new headquarters in Vientiane Capital. The grand opening of the Headquarters of Kasikorn Bank was held in Sisaket village in Vientiane Capital on March 13. Kasikorn Bank entered the Lao PDR at the end of 2014 and has two branches in Vientiane […]
Read MoreThe dominance of the US dollar in the banking system prevents the central bank from lowering interest rates to spur investment and create jobs. Cambodia is handicapped by the dollarization of its economy in three ways, according to Kith Sovannarith, Deputy Director General of Banking Supervision at the National Bank of Cambodia. First, the NBC […]
Read MoreHanoi — Vietnam’s industry is developing too slowly and is still reliant on many foreign-invested enterprises, says Nguyen Van Binh, head of the Party Central Committee’s Commission of Economic Affairs. He was speaking at a conference held in Hanoi late last week on national industrial development policies until 2025 with a vision to 2035. Between […]
Read MoreKUALA LUMPUR: Malaysia needs to attain harmonisation between domestic and international standards in post-trade processing in enabling the country to drive further growth in the capital market. Depository Trust and Clearing Corp (DTCC) executive director and head of business development Asia Pacific, Hasan Rauf said post-trade processing is an infrastructure that supports automated trade matching […]
Read MoreSpecial economic zones in northeastern province and neighbouring Laos hold key to revival of interest in East-West Economic Corridor. The Mukdahan Special Economic Zone in northeastern Thailand will utilise the East-West Economic Corridor (EWEC) or R9 to connect with the Savan-Seno SEZ in a move that could revitalise the underused route. The brainchild of the […]
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Thailand
