Singapore Myanmar Investco (SMI) announced on Monday that it has secured an exclusive deal to set up and develop The Coffee Bean & Tea Leaf (CBTL) brand in Myanmar, expanding its arrangement with the coffee chain. The move comes amid rising competition as Myanmar residents, particularly in Yangon, move up in to the middle-class bracket. […]
Read MoreMANILA, Philippines — The European business community wants the Philippines to retain its current incentives regimes to keep the country’s competitive edge intact amid moves to rationalize fiscal incentives under the second tax reform package. “With regard to the rationalization of fiscal incentives or the creation of a competitive fiscal regime, we also call for […]
Read MoreBank Indonesia has expressed support for the government’s decision to import rice to push down the price of the commodity, which has retailed above government-set price ceilings since December. According to the central bank’s latest price monitoring survey, monthly inflation reached 0.19 percent as of the third week of February. “I only see the data […]
Read MoreMarket regulators in Malaysia, Singapore and Thailand have signed a memorandum of understanding (MoU) to enhance the Asean Collective Investment Schemes (CIS) Framework, allowing fund managers to offer a broader range of fund products to investors in the region. The Securities Commission Malaysia, the Monetary Authority of Singapore and the Securities and Exchange Commission of […]
Read MoreThe National Research Council of Thailand (NRCT) together with Chinese Academy of Sciences (CAS) announced Tuesday the establishment of an international center for the Digital Belt and Road (DBAR) project. The Digital Belt and Road (DBAR) International Center of Excellence Bangkok will focus on cooperation on climate change, disaster risk reduction, environmental research and capacity […]
Read MoreVIENTIANE, Feb. 27 (Xinhua) — The Lao National Statistics Bureau said inflation remains low in the country despite rising cost of living. The bureau, a part of the Lao Ministry of Planning and Investment, announced recently that the Consumer Price Index (CPI) was 109.91 points in January, a 0.27 percent change compared to the previous […]
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