Myanmar’s economic outlook is extremely bleak, say many regional experts, and local business sentiment continues to slide downward. And with foreign investment down substantially from last year, future growth is likely to fall short of government targets. This combination of negative factors has led to an increasingly fractious relationship between the country’s business community and […]
Read MoreMANILA, Philippines — Economists of private banks raised anew their inflation forecasts over the next three years amid rising global oil prices, higher food prices, a weak peso, and the effects of the implementation of the tax reform program. A survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed higher inflation forecasts of 5.3 instead of 4.5 percent for this […]
Read MoreKUALA LUMPUR: AllianceDBS Research believes that without strict enforcement, a price increase in tobacco could lead consumers to trade down to illicit cigarettes. The research house said the introduction of the higher Sales and Service Tax could impact earnings for cigarette manufacturers, which would require the government to intensify efforts to curb smuggling of illegal […]
Read MoreTwp regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by a listed firm in the Kingdom. JWD Infologistics Plc, a […]
Read MoreThe Financial Services Authority (OJK) said the non-performing loans (NPL) rate among financial technology (fintech) firms that use peer-to-peer lending (P2P) hovered around 1 percent monthly, safely below the 2 percent maximal set by the OJK. “The NPL rate can go as low as 0.9, then rise as high as 1.3 then go down again,” […]
Read MoreThe Hanoitimes – Vietnam’s rapidly growing trade and production have pushed the cargo volume through the country’s seaports to rise by 20-30 percent per annum, making port projects appealing to foreign investors. A number of Japanese firms led by Nakagaki Yoshihiko, vice president of the International Friendship Exchange Council of Japan (FEC), have recently met with […]
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Thailand
