A rising number of start-ups as well as small and medium enterprises (SMEs) are emerging in Myanmar as business opportunities rise. However, many companies fail to achieve their full potential and contribute substantially to the economy because capital assistance is lacking in the country. In Myanmar, banks require collateral in the form of property before […]
Read MoreTrade Minister Enggartiasto Lukita has said the government will import 500,000 tons of medium-grade rice from Thailand and Vietnam to calm the commodity’s price, which has been increasing since late 2017 as a result of a supply shortage. The rice will arrive in late January and will be of a different variety from the local IR […]
Read MoreRETAIL sales surged in November, reversing course from the slump in October. Total takings grew 5.3 per cent in November compared to the same month a year ago, according to latest data by the Singapore Department of Statistics. This compared to the 0.2 per cent drop recorded in October, revised lower from earlier estimates of […]
Read MoreKUALA LUMPUR: The ringgit was significantly higher against the US dollar this morning, touching a level it had not seen since July 2016, as sentiment towards the local unit improved on the back of the country’s solid economic growth. At 9.16 am, the local unit stood at 3.9750/9780 against the greenback from 3.9850/9900 at the […]
Read MoreBANK Islam Brunei Darussalam (BIBD) recently received an international recognition for its world-class technology platform that provides superlative customer experiences. World Finance – a leading financial services journal – conferred two awards to BIBD for ‘Best Mobile Banking Application’ and ‘Best Digital Bank in Brunei – 2017’ at the World Finance Digital Banking Awards 2017. […]
Read MoreMANILA, Philippines — Income tax holidays and other perks enjoyed by large corporations cost the government over P300 billion in foregone revenue annually, according to the Department of Finance (DOF). Citing data gathered from the Tax Incentives Management and Transparency Act (TIMTA), Finance Undersecretary Karl Kendrick Chua said the government lost P301.22 billion in revenue […]
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Thailand
