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Indonesia – Sri Mulyani: Urbanization Resulted at Positive Economy

TEMPO.CO, Jakarta – Finance Minister Sri Mulyani recently said that urbanization has a positive effect towards the country’s economic growth. She said that urbanization has driven household consumption, investments, up to government spending. “It further impacted the economic growth,” she said during a seminar entitled ‘Managing Urbanization for Sustainable Cities’ today, Dec. 19. She argued that urbanization is also […]

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Thailand: Extra tax breaks to push SME growth

THE Board of Investment’s (BOI) board has agreed on measures to boost the capabilities of small and medium enterprises (SME), while its secretary-general has expressed confidence that this year’s applications for investment promotion privileges would hit its target of Bt600 billion. Duangjai Asawachintachit, BOI secretary-general, said after the board meeting chaired by Prime Minister Prayut […]

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Lazada Malaysia’s 12.12 sale rakes in US$250 mil

KUALA LUMPUR, Dec 19: Lazada Group’s unit, Lazada Malaysia, raked in US$250 million (US$1=RM4.07) in gross merchandise value (GMV) for its 12.12 Grand Finale Sale held in tandem with the company’s recent Online Revolution campaign. In a statement today, Lazada Malaysia said the 12.12 sales figure was more than double that achieved in the previous year […]

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Myanmar to export anti-venom to Laos, Cambodia

YANGON, Dec. 18 (Xinhua) — Myanmar is planning to export anti-snake venom to Laos and Cambodia in early 2018, the official Global New Light of Myanmar reported Monday. U Ko Ko Aung, General Manager of the state-owned Myanmar Pharmaceutical Factory (MPF), said that 50,000 vials of anti-venom out of 100,000 vials for snake bite produced […]

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