MANILA, Philippines — The national government’s fiscal deficit narrowed to P350.6 billion in 2017, falling below the programmed deficit for the year amid higher revenue collections and below-target spending, the Bureau of the Treasury (BTr) reported yesterday. In its latest cash operations report released yesterday, the Treasury said the latest deficit figure was 27 percent […]
Read MoreThe Hanoitimes – After 8 years of operation, Malaysian department store operator Parkson has closed another outlet in Ho Chi Minh City, making a total of four closed locations in Vietnam. Parkson Flemington, located in District 11, ceased service in late January of 2018, Thuy Duong Co., which operates the brand in Vietnam, said in an […]
Read MoreBankers are banking on stronger consumer lending to take the lead in an otherwise slow year, according to a PricewaterhouseCoopers (PwC) Indonesia survey published Tuesday. The PwC survey involved 65 banking executives from 49 banks, and showed that 71 percent of respondents believed consumer lending would grow more than 10 percent, considerably higher than 57 percent of respondents in 2017. Bankers […]
Read More(KPL) Laos and Thailand have agreed to extend the deadline for Lao labour status adjustment from the end of March to Jun 30, 2018. “The two ministries will continue to solve labour-related issues to ensure safe labour migration with workers accessing permanent employment and entitled to sound and just welfare treatment in Thailand,” said on Feb 26 Mr […]
Read MoreFive years after two consumer protection rights associations were set up, Myanmar consumers are beginning to enjoy some rights supported by the government. This became apparent when the government-backed Department of Consumer Affairs responded to consumer complaints last year about a TV channel package purchased from Forever Group Company, one of the largest media companies […]
Read MoreAn agreement to design, build and manage a new $1.4 billion international airport in Yangon, Myanmar’s largest city, has “expired,” according to a Yongnam Holdings Ltd., a Singapore company participating in a consortium that includes JGC Corp. of Japan. Hanthawaddy International Airport was to have been built around 80 kilometers north of Yangon, near the […]
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