Mall operators Siam Piwat and The Mall Group are urging the government to allow resumption of flights from CLMV (Cambodia, Laos, Myanmar, Vietnam) nations in an effort to reboot the retail business. Mayuree Chaipromprasit, senior executive vice-president for marketing at Siam Piwat, said the company would like to ask the government to permit foreign tourists […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Yoma Strategic on Wednesday (June 24) proposed to increase its existing shareholding and take a controlling interest in mobile payments firm Digital Money Myanmar (Wave Money) via a US$76.5 million (S$106.2 million) deal. The Myanmar-focused, mainboard-listed company intends to first restructure the holding of its interest in Wave Money, by […]
Read MoreThe government has established a special task force to attract businesses leaving China and facilitate their relocation to Indonesia. American, Japanese and South Korean companies are reportedly in discussions with the Investment Coordinating Board (BKPM) over their potential relocation to the Batang and Brebes industrial districts in Central Java, which are currently under development. According […]
Read MoreThe Hanoitimes – Strong development of the night economy, including prize-winning games businesses, could help Vietnam’s tourism compete with regional peers. More incentives and open policies are needed to attract investors into the billion-dollar business of prize-winning games in Vietnam which is deemed to hold huge potential for development, according to Nguyen Anh Tuan, editor in […]
Read MoreKUALA LUMPUR: The country’s debt level could hit the statutory limit of 55 per cent of gross domestic product at the end of the year from 52 per cent currently following the implementation of measures to save lives, protect livelihoods and stimulate the economy, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said on Tuesday. […]
Read MoreCollections plunge, spending soars due to lockdown MANILA, Philippines — The national government incurred a budget shortfall in May as it continued to increase disbursements in response to the coronavirus disease 2019 or COVID-19 pandemic amid weak revenue generation, the Bureau of the Treasury (BTr) reported yesterday. Based on the latest data from the Treasury, […]
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Thailand
