The Myanmar President’s Office, on October 2, issued a notification providing a strong legal framework that requires the disclosure of beneficial owners of companies involved in the extractive sector. Notification No. 104/2019 confirms the mandate of the Beneficial Ownership Task Force to make decisions regarding ownership disclosures and empowers the Directorate of Investment and Company Administration […]
Read MoreThe committee also suggested a revision of regulation on expats in the Labor Code, including the required amount of capital contribution in local enterprise so that foreigners are waived of working permit; regulations stipulating a working permit is required for issuance of professional certificate or certificate in certain fields such as treatment, education, construction, tourism, […]
Read MoreRetailers are anticipating improved shopping sentiment during the festive season and are pouring money into marketing to stimulate purchases in 2019’s final two months. The Mall Group, Iconsiam and Future Park Rangsit are increasing their marketing budgets by at least 5% from the same period last year for the retail market’s peak season. Festive campaigns […]
Read MoreThe Hanoitimes – Experts are upbeat about the Vietnamese insurance industry’s health in the coming years, forecasting it would maintain an annual double digit growth rate. Positive outlook with a plenty of room for insurers to improve earnings in the coming time is making Vietnam’s insurance industry more attractive to foreign investors. According to experts, Vietnamese […]
Read MoreMANILA, Philippines — Net inflow of foreign direct investments (FDIs) slowed down for the sixth consecutive month in August as uncertainties in the global market continued to dampen investor sentiment, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. According to the latest data from the central bank, FDIs in August posted a net inflow of […]
Read MoreThe fuel tariff (Ft) rate will be frozen at 3.64 baht per kilowatt-hour for another four months from January to April next year, marking a 16-month period at the same rate, as the Energy Regulatory Commission (ERC) wants to avoid power prices burdening consumers during a sluggish economy. The ERC approved the continuation of the […]
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Thailand
