Interest in Myanmar’s startups has been on the rise as investors scour the market for potential returns. Yesterday, Germany’s development finance institution DEG and agRIF, an impact focused fund which provides funding to financial intermediaries targeting smallholder farmers and the rural population, announced a joint investment of US$6 million in Rent 2 Own (Myanmar) Ltd […]
Read MoreThe government has canceled its plan to increase the excise tax for tobacco and tobacco products in 2019 and has also postponed its plan to simplify the tax, which has met with mixed responses from industry and consumer groups. The cancellation and postponement mean that the 2019 cigarette excise tax would not differ much from this year’s tax. The government made the decision last Friday during a cabinet meeting President […]
Read MoreThe Hanoitimes – The presence of foreign brokers, who have good experience and financial status, has forced local brokers to improve their services for survival. Foreign brokers and consultants have expanded in the Vietnamese real estate market in recent years and they have gained a large market share in high-profit segments, such as office, apartment, and […]
Read MoreMANILA, Philippines — Inflation continued to be a problem in the Philippines in October, although it steadied from the previous month’s level amid mixed price movements posted by commodity groups, the country’s statistics agency reported. Inflation clocked in at 6.7 percent in October, unchanged from September’s level and the fastest pace in nearly a decade. Year-to-date, inflation […]
Read MoreConsumer confidence fell for the second straight month in October on concerns about the impact of higher oil prices, relatively low crop prices, an escalating international trade row, lower exports and the Chinese tourist plunge. The latest survey by the University of the Thai Chamber of Commerce (UTCC) found the consumer confidence index in October dipped […]
Read MoreKUALA LUMPUR (Bernama) – ASEAN is one of the most bullish regions for trade and commercial activity, despite having the highest proportion of corporate which expect protectionism to rise, said HSBC Bank Malaysia Bhd. Chief Executive Officer Stuart Milne said ASEAN corporate were overwhelmingly bullish on their commercial prospects and fully expected protectionism to rise. “This […]
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Thailand
