State-owned gas distributor PT Perusahaan Gas Negara (PGN) will hold an extraordinary shareholders meeting on Thursday as an initial step toward the establishment of an oil and gas holding firm, together with state-owned energy firm Pertamina. One issue that will be discussed during the shareholder meeting is a handover of 57 percent of PGN shares […]
Read MoreGold and gold jewelry and accessories have been legally cleared for import and export, the Ministry of Commerce (MOC) said Monday. Traders will now be able to sell gold, which is mined as a natural resource in Myanmar, to buyers overseas. The move is the first step in a government effort to establish a legal […]
Read MoreThe Hanoitimes – Vietnam is dramatically accelerating sales of stakes in state-owned enterprises (SOEs), announcing this year’s plan to sell 6.5 times more shares than it offered last year. The plan is aimed to boost revenue and ease a strained budget, while seeking to exceed its economic growth target this year, Deputy Prime Minister Vuong Dinh […]
Read MoreComplaints about Uber in Yangon are mounting even as officials of the company insist that it continues to improve its ride-hailing service for both drivers and passengers. US-based Uber first began operating in Yangon last May, joining local taxi operators Oway Ride and Hello Cabs. Months later, Singapore-based Grab, also launched its ride-hailing service in […]
Read MoreSET-listed Malee Group Plc, one of the country’s top juice makers, has sealed its first acquisition deal with a Vietnamese drink producer as part of its ambitious strategic plan to become a health-driven global food and drink firm by 2021. Chief operating officer Roongchat Boonyarat said the company spent 330 million baht to acquire a […]
Read MoreSINGAPORE’S inflation rate turned positive last year for the first time since 2014, thanks in part to stronger economic growth. But with the pace of price increases set to remain modest this year, economists are divided over the question of how soon the central bank will move to strengthen the Singapore currency. The consumer price […]
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Thailand
