The Hanoitimes – There will be no difference in the required minimum amount of capital for airlines providing international and domestic air transport services. Instead of the previous limit of 30% of registered capital, foreign investors in the aviation sector can now own up to a 34% stake in a domestic airline, according to a new […]
Read MoreThe Lao government has instructed dealers who import and sell vehicles to present their documents no later than November 29, in a move to address illegal vehicle imports. Those who fail to present their documents may lose their business license and will not be allowed to import vehicles, according to Vientiane Times. The Ministry of […]
Read More[SINGAPORE] Singapore is turning out to be a model of capital-market development for some countries in the Middle East and Africa, according to Michael Piwowar, former commissioner at the US Securities and Exchange Commission. The city-state’s legal and institutional framework offers a good example for some developing markets, particularly because it isn’t over-regulated like the […]
Read MoreThe relentless rise of Chinese tourists has been one of the biggest stories shaping the global travel industry. In the next three years, outbound trips from China are predicted to reach 178.4 million, while annual expenditure will hit approximately 5.5 trillion baht. Thailand too has felt the positive impact. In August 2019, Chinese tourist arrivals […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to step on the brake pedal, keeping its interest rates unchanged to monitor the impact of previous monetary actions. In a press briefing, BSP officer-in-charge Francisco Dakila Jr. said the central bank believes that prevailing monetary view settings remain appropriate. The overnight reverse repurchase […]
Read MoreThe Hanoitimes – According to the draft law, conditions for 12 business lines including commercial arbitration organizations, logistics and franchising, are proposed to remove. Investors, especially foreign ones, are expecting more significant changes in the amended Law on Investment as they still have some concerns about the latest draft law. The Ministry of Planning and Investment […]
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Thailand
