Developers of Mandalay port will begin the construction work in November 2018, according to the Directorate of Water Resources and Improvement of River (DWIR). The port aims to facilitate trade along waterways, i.e. along the rivers, in Mandalay Region. This project is backed by the Japan International Cooperation Agency (JICA) and is expected to cost US$38 […]
Read MoreThe roles of the Ministry of Planning and Investment and Ministry of Finance have been clearly defined to deal with government debt repayments, a senior official has confirmed. The move is aimed to ensure debts are repaid in a transparent and accountable manner, minimising loopholes which could result in officials’ misappropriation. Deputy Minister of Planning […]
Read MoreThe private sector says local companies, particularly small and medium-sized enterprises, are likely to be hurt by the new Royal Decree on Recruitment of Foreigners, as the tighter law with massive fines for employers could cut SMEs’ competitive advantage at a time when the economy has yet to fully recover. Thai Chamber of Commerce (TCC) chairman […]
Read MoreMANILA, Philippines – The Philippines targets a huge leap in its ranking in the “Doing Business” report of the World Bank in three years as it plans to start automating government processes. Trade Secretary and National Competitiveness Council (NCC) chair Ramon Lopez said the country aims to move up within the top 20 global rankings in […]
Read MoreKUALA LUMPUR: PublicInvest Research has maintained its “outperform” call on Century Logistics Holdings with a higher target price of RM1.58 as it believes the company deserved more attractive valuation. “We think the company deserves more attractive valuation, driven by the sooner-than-expected roll-out of parcel delivery business. “Hence, We peg a higher price earnings ratio (PER) of 21 times (from […]
Read MoreMyanmar Investment Commission (MIC) has recently extended an invitation to local and foreign investors to invest in 10 prioritised sectors. According to the MIC statement published on June 26, the investors can submit proposals and state and region governments will also provide necessary assistance. Those prioritised sectors are agriculture and its related services including value-added […]
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Thailand
