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Asia-Pacific nations rush to conclude trade deal amid tensions

BANGKOK – Amid concerns over rising trade tensions and uncertainty about global economic growth, officials of 16 Asia-Pacific countries have voiced their commitment to speeding up negotiations for an Asia-wide free trade pact, with the hopes of concluding it by November, Thailand said Tuesday. The Regional Comprehensive Economic Partnership is being negotiated among the 10-member […]

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Thailand: Cabinet blocks visa plan

The cabinet yesterday shot down the Tourism and Sports Ministry’s visa waiver proposal for Chinese and Indian visitors but agreed to extend the waiver of visa-on-arrival fees for tourists from 18 countries for another six months. Speaking after a cabinet meeting which approved a 316-billion-baht economic stimulus package covering subsidies for the poor, domestic tour […]

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Growing mobile penetration gives Myanmar fintech a big boost

Financial technology services in Myanmar have boomed following an increasing number of mobile users, according to a report from Fitch Solutions Macro Research. The rise in mobile subscribers began after the government opened up the telecommunications sector in 2014, though enforced supportive regulations and point-of-sale (POS) payment solutions are still lagging behind. Fitch Solutions, a […]

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