Despite Laos officially performing well overall economically in 2016, some large firms still face major hurdles in doing business, according to a leading corporate executive. General Manager External Affairs, PanAust Ltd./Managing Director PBM Ltd., Mr Richard Taylor, made the comment recently in an article posted on the professional social media site LinkedIn. His article detailed […]
Read MoreCambodia’s insurance industry saw impressive growth last year as general insurance continued to make positive strides, while life insurance accounted for the largest upswing by percentage, according to an annual report by the Insurance Association of Cambodia (IAC). Overall gross premiums grew by 35.6 percent last year, swelling from $83.7 million to $113.6 million, according […]
Read MoreBagan: Saha Group, Thailand’s largest consumer goods conglomerate, has vowed to continue investing in neighbouring countries like Myanmar, where it is scheduled to run a new Mama noodle factory in Mandalay starting this year. Chairman Boonsithi Chokwatana said Myanmar is a high-potential market as indicated by the company’s sales, averaging 20% growth during 2015-16. In […]
Read MoreTEMPO.CO, Jakarta – Bambang Eka Cahyana, president director of state-owned port operator PT Pelabuhan Indonesia I (Persero), also known as Pelindo I, said that North Sumatra ports will commence operations this year. Improvements to port infrastructure are expected to boost economic growth in the province. Bambang explained that the company has been stepping up construction […]
Read MoreHCM City’s customs department has said that it will closely control prices of taxable consumer goods with high import value and high tax rates to manage efficiently the taxable prices of import goods and to avoid loss to State revenue. The customs offices will hold talks about tax consultation with enterprises on fixing taxable prices […]
Read MoreSINGAPORE: With more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling shareholders or takeover firms. “Investors are looking for takeover candidates because prices have come off significantly,” said Justin Tang, a director of global […]
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