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Thai, Cambodian central banks sign pact

Bank of Thailand announced on Monday it had signed an agreement with the National Bank of Cambodia on cooperation in payments and financial innovation. The central banks’ governors, Veerathai Santiprabhob of Thailand and Chea Chanto of Cambodia, signed the document on February 3 in Phnom Penh. The banks’ annual meetings are aimed at strengthening cooperation […]

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Myanmar: Survey starts for major railway project

China Railway Eryuan Engineering Corporation (CREEC) has started a partial survey for the Muse-Mandalay-Kyaukphyu railway line, part of the China –Myanmar Economic Corridor (CMEC) and the larger Belt and Road Initiative (BRI). Myanmar signed a memorandum of understanding (MOU) for the project, expected to be one of the largest road and railway projects in the […]

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Vietnam opens up pharma import market for foreign businesses

The Hanoitimes – With the government’s new policies, it is forecast that more foreign companies will enter the Vietnamese market to cash in on the country’s growing medicine demands. It is now easier for foreign companies to join the Vietnamese pharmaceutical market, buoyed by recently-loosened business conditions regarding drug registration and imports. The Ministry of Health […]

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Is it time to invest in Vietnam’s prime homes?

The Hanoitimes – Vietnam`s real estate sector remains a promising land for investors as Hanoi and Ho Chi Minh City are undergoing rapid transformations, continuing to catch regional peers. There are a number of reasons indicating how fast Vietnamese economy has grown in the recent years and how dynamic the real estate market has been over […]

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Thailand: Salaries hike 5.5% in 2019

Employees in Thailand will enjoy salary increases averaging 5.5% in 2019, the same as the previous year, according to a forecast by Korn Ferry.  In the Korn Ferry 2019 Global Salary Forecast, Thailand is ranked fifth out of 100 countries in terms of real salary growth forecast (adjusted for inflation) — tied with Azerbaijan — at […]

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