The oil and gas sector is looking exciting this year, with opportunities emerging from an international tender scheduled to take place early this year for the first time since 2013. In addition to onshore and offshore blocks, the tender is expected to include work in “Improved Petroleum Recovery” blocks at older oil fields in Myanmar. […]
Read MoreMANILA, Philippines — Excise tax collections on sugar-sweetened beverages (SSB) fell short of target in the first 10 months of 2018, which the Department of Finance (DOF) blamed on possible discrepancies in the tax payment of beverage firms. In a report to Finance Secretary Carlos Dominguez, Finance Undersecretary Karl Kendrick Chua said excise tax collections […]
Read MoreHANOI — The Ministry of Industry and Trade has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Vietnam. Investigations will look at Grab Limited Company and Uber Vietnam, both based in HCM City. Six other companies which were suspected of being involved […]
Read MoreFastGo Vietnam on December 28 launched its service in Myanmar, becoming the first Vietnamese firm in the ride-hailing sector to expand its operations to foreign markets. FastGo plans to introduce its services in big cities in Myanmar in 2019, with 2 million users and 100,000 drivers. In addition, it would continue to invest and call […]
Read MoreThe Commerce Ministry pledges to shore up key farm products this year if their prices fall below targets set by the ministry. Officials also vow to monitor food prices and service charges at restaurants to ensure fairness to consumers. Whichai Phochanakij, director-general of the Internal Trade Department, said the department set target prices for seven […]
Read MoreMyanmar must take steps to negotiate bilateral trade agreements with its neighbours to avoid volatility in border trade with China and India, as the consequent losses for locals can be huge. “There is currently no precise policy for border trade. Every country should have a policy to deal with trade disagreements and volatility. Right now, […]
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Thailand
