GDP growth slows to 6.2% The Philippine economy grew at a slower pace in 2018, failing to hit the government’s target but still among the fastest in Asia, the National Economic and Development Authority (NEDA) reported yesterday. In the fourth quarter of 2018, gross domestic product (GDP) growth registered at 6.1 percent, weaker than the […]
Read MoreBangkok Glass, part of the Boon Rawd Brewery owned by the billionaire Thai family Bhirom Bhakdi, wants to focus more on mergers and acquisitions (M&A) this year and increase investment weight for construction material to diversify business risk. Pavin Bhirom Bhakdi, the company’s president and director, said the company is set to invest about 5 billion […]
Read MoreAny rise in electricity rates to be announced this year will take into account the needs of ordinary people, Deputy Permanent Secretary of the Ministry of Electricity and Energy (MOEE) U Soe Myint has told The Myanmar Times. “An increase in rates will take place this year, but only after we seek recommendations from all stakeholders […]
Read More[SINGAPORE] Rising interest rates and the latest round of property curbs have put the brakes on mortgage demand at Singapore’s banks, potentially further dragging down the city’s housing market. Home-loan growth slowed to 1.9 per cent in the first 11 months of 2018, less than half the 4.2 per cent increase posted in 2017, the […]
Read MoreCambodia moved up a notch this year as a place for attracting and growing talent, according to the Global Talent Competitiveness Index 2019 (GTCI) report released this week. It ranked the Kingdom 107 out of 125 countries. Last year, GTCI ranked Cambodia 108th out of 119 countries on the global talent attraction index. This year […]
Read MoreLAO authorities have reduced import tariffs on 8,536 items to zero as part of national efforts in establishing the Asean Free Trade Area, according to a government report. The report, which the Ministry of Planning and Investment distributed recently at a meeting of finance and planning officials, shows the Lao government no longer charges import […]
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