DESPITE Myanmar’s economic growth having declined to 6.2 per cent last year from 6.8 per cent in 2017 , the nation remains resilient and is expected to return to growth of 6.5 per cent this year and 6.6 per cent next year, according to WB economists. Andrew Mason, World Bank’s acting chief economist for East […]
Read MoreIN OPEN markets, the “market price” is determined by external market forces as contracting parties aim to protect their best interests. Common management control, however, hinders market forces from operating fully when related companies deal with each other. The price between related companies, the so-called “transfer price”, tends to deviate from the market price for […]
Read MoreKUALA LUMPUR: The National House Buyers Association (HBA) is proposing a housing price control mechanism to curb rising property prices and ease the country’s housing affordability issues. HBA vice president Datuk Goh Seng Toh said measures need to be put in place to prevent developers from hiking up property prices. “Some developers have a ‘teh-tarik’ syndrome, where if […]
Read MoreHIS Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam will attend the second Belt and Road Forum for International Cooperation (BRF) in Beijing, China from today until April 27. The monarch will join representatives from over 100 countries and […]
Read MoreMyanmar will export Moringa oleifera, or drumstick trees, to Japan for the first time from June onwards, said U Myint Ko, chair of Myanmar Drumstick and Moringa Producer and Exporters Association. Japan, China, Malaysia and Singapore have offered to purchase the drumsticks from Myanmar but Myanmar can produce only limited quantities of the tree, he […]
Read MoreEnergy policymakers are planning to restructure power tariffs for many power-generating resources to handle disruptive technologies in the sector. The restructuring will apply to solar, biogas and petroleum gas generated from independent power suppliers (IPS). The Energy Regulatory Commission has been told to study the restructuring plan and a new committee has been set up, […]
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Thailand
