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Myanmar woos foreign investors to ‘fast-growing’ Yangon

WITH MAJOR infrastructure and logistics initiatives being pushed, on top of being home to seven million people, foreign investors should not hesitate to invest in Yangon, officials told the Yangon Investment Forum 2019 on Friday. Thaung Tun, chairman of the Myanmar Investment Commission and Union minister for investment and foreign economic relations, said Myanmar’s commercial […]

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Thailand: Agency uses technology for tax cheats

The Revenue Department is warning corporate taxpayers that it has already adopted data analytics and a risk-based auditing system that can better track the accuracy of tax payments.  The tax-collecting agency has employed machines to evaluate the financial position of operators relative to their industry peers, using data analytics and a risk-based auditing system to create […]

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Investment quality an issue for Vietnam amidst FDI boom

The Hanoitimes – A stronger focus on the quality of the foreign investment inflow is even more urgent when its links with and the spillover effects on domestic industry fall short of expectations. While Vietnam has been emerging as one of the most attractive destinations to foreign investors and is expected to see something of a […]

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Indonesia: Accelerating urban transportation development with public-private partnership

The country’s rapid urban transportation development is creating vast opportunities for collaboration and investments for the private sector. Indonesia’s steady economic growth in recent years has spurred rapid urbanization across the archipelago. According to the World Bank, the growth rate of cities in Indonesia is 4.1 per cent per year – faster than that in many Asian countries. […]

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China, Singapore renew bilateral currency swap agreement

[BEIJING] China and Singapore have renewed a bilateral currency swap agreement worth 300 billion yuan (S$59.80 billion) for three years, the central banks of the two countries said on Monday. Under the arrangement, the People’s Bank of China and the Monetary Authority of Singapore (MAS) can access foreign currency liquidity to support trade and investment […]

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