More than a year ago, the Myanmar Times asked the European Union ambassador Roland Kobia for his views on the priorities for the new government. Roland Kobia, a Belgian, became the first resident ambassador of the European Union to Myanmar in September 2013, having previously served in the Democratic Republic of Congo, Kenya and Azerbaijan among others. […]
Read MoreAs part of the interview, EU ambassador Roland Kobia spoke to The Myanmar Times on the importance of political stability on investor confidence and the economy. Apart from the issues you mentioned, what concerns do EU businesses have? I want to raise another issue, the political factor. The new government has been in power for […]
Read MoreKasikornbank (KBank) expects its small and medium-sized enterprise (SME) loans this year to grow at a slower pace than last year’s 4-6% because of thin loan demand amid an uneven economic recovery, says a senior official. The bank’s 2017 SME loans will grow at a similar rate to the first quarter’s 1-2%, said senior executive […]
Read MoreThe Commerce Ministry is scheduled to hold a meeting with consumer goods makers and big retailers today to discuss the product price structure and clarify indirect price hikes alleged by consumers. Deputy Commerce Minister Sontirat Sontijirawong said the Internal Trade Department has been tasked with holding the joint meeting after consumers complained about being charged […]
Read MorePTT Exploration and Production (PTTEP) said on Tuesday it was suspending investment in Indonesia after the Indonesian government filed a $2-billion lawsuit against the Thai state-owned energy firm for alleged damage from an oil spill eight years ago. PTTEP executives, however, said Indonesia remained a strategic priority as it seeks to invest up to $4 […]
Read MoreInvestment proposals dropped 31% in the January-March period from a year earlier, but the state investment promotion agency expects they will quicken later this year, the agency chief said on Tuesday. Thai and foreign investors submitted investment applications worth a total of 62 billion baht in the first quarter of 2017, Hirunya Suchinai, secretary-general of […]
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