Myanmar will receive a €33 million loan from Austria’s Unicredit Bank to create e-IDs for the country’s population registry, said U Thein Swe, Minister of Labor, Immigration and Population. The 27.5 year, interest-free loan includes a 13.5 year grace period and was first discussed in 2019 between State Counsellor Daw Aung San Suu Kyi and […]
Read MoreCOVID-19 pandemic notwithstanding, Moody’s rated Asian project and infrastructure companies are well-positioned to manage their refinancing needs through 2022, said Moody’s Investors Service in a May 28 report. Upcoming bond maturities are concentrated at investment-grade companies, most of which benefit from government support or are in sectors less affected by the virus outbreak. China and […]
Read MoreThe latest downgrade of debentures issued by Thai Airways International Plc (THAI) does not affect its current liabilities, but a close watch is warranted for creditors deciding on the business rehabilitation petition, say analysts. Tris Rating has downgraded the company’s rating and the ratings on senior unsecured debentures of financially beleaguered THAI to default following […]
Read MoreMany tour operators and international travel websites seem to have a misunderstanding that the just-issued Resolution 79/NQ-CP on e-visas for 80 countries and territories will lead to the reopening of international travel from early July. The Vietnamese Government on May 25 issued the resolution listing 80 countries and territories whose citizens would apply for e-visas to […]
Read MoreThe Ministry of Post and Telecommunications (MPTC) has called all cellular operators to improve their signals in the Kingdom, as the network experiences a surge in use because of growth and COVID-19 isolation policies. The MPTC stated, there are “spotty” cellular signals in some areas and assigned the Telecommunication Regulator of Cambodia (TRC) to conduct […]
Read MoreMANILA, Philippines — With time running out, businessmen on Thursday called on Congress to quickly pass the Duterte government’s revised corporate tax reform bill, saying the measure would serve as companies’ main fix to the destruction of the coronavirus pandemic. A “bold” and “historic economic” reform is needed to help firms recover and counter the effects of the […]
Read More
Thailand
