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Laos at potential risk of illicit financial flows: study

Laos is potentially at risk of illicit financial flows (IFF) but there is no clear evidence to investigate the problem and its possible magnitude, according to researchers. The National Institute for Economic Research unveiled the outcome of a study in Vientiane yesterday, to clarify understanding of illicit financial flows in the natural resource trade in […]

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Thailand – TCG: SME guarantees increase 167%

State-owned Thai Credit Guarantee Corporation (TCG) saw the ratio of loan guarantees for small and medium-sized enterprises (SMEs) rise by 167% year-on-year during the first seven months. The ratio was equivalent to a loan guarantee value of 115 billion baht, said Rak Vorrakitpokatorn, TCG’s president. In addition to high loan guarantees for SMEs, the number […]

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Myanmar: Ministry of Commerce banned importers for providing forged or incorrect documents from applying for import licenses through online system

Department of Trade under the Ministry of Commerce on August 14 has placed a three-month ban on importers, warned by the FDA for providing forged or incorrect documents, from applying for import licenses through the online system. FDA has warned companies who provided incorrect or forged documents required when applying for Import Recommendation (IR). The […]

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