KUALA LUMPUR: The Government is looking to establish a single regulatory body to regulate the property sector. The Second Finance Minister Datuk Seri Johari Abdul Ghani said that the issue of residential house prices being unaffordable is due to this. “All these happens because there is no one single regulatory body to supervise us. The […]
Read MoreGOLD traders from across the country debated how the industry should set up a gold exchange in a meeting held in Yangon last week. The gold industry and the government agreed, in principle, to establish a gold exchange under then-president U Thein Sein’s tenure. Over the last year, the National League for Democracy-led government and […]
Read MoreEver since tax incentives for business reorganisation were introduced two decades ago, different issues have arisen intermittently, especially as they relate to an entire business transfer (EBT), which has become a popular practice. Unlike a statutory merger, an EBT is not governed by the general rules of the Civil and Commercial Code or the Public Limited […]
Read MoreJAKARTA — World Bank Group President Jim Yong Kim said on Tuesday that Indonesia needs to nearly its double public spending on infrastructure and bring in more private investment to fill an infrastructure gap of $500 billion in the next five years. Mr Kim said Indonesia’s population was growing faster than those in China, India, Vietnam and Thailand, which was putting even more strain […]
Read MoreSmall and medium-sized enterprises (SMEs) are considered the backbone for propelling economic growth. But a new chapter unfolding in the chronicle of SMEs has a rather dismal narrative as they too are feeling the pain of limited financial assistance and prolonged economic wobbles. There appears to be no end in sight to their struggles as […]
Read MoreThe country is opening up its economy to foreign investors. To do so, it is introducing the Myanmar Companies Bill, extending credit and lifting bans to raise confidence in its economy. The latest draft of the Myanmar Companies Bill was submitted to the Amyotha Hluttaw by Deputy Minister for Planning and Finance U Maung Maung Win on July 20. […]
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