Myanmar’s new government, one year on. Interview with Aye Thiha from the American Chamber. For the private sector, dialogue with the new government has not translated into concrete actions. Foreign direct investment has dropped; various industries, such as the construction and real estate sector, have had a hard time; the ill-drafted foreigner laws prompted a […]
Read MoreMANILA, Philippines – Debt watchers Fitch Ratings and S&P Global Ratings raised the Philippines’ gross domestic product growth forecast over the next two years after a stronger-than-expected performance last year. Fitch expects the economy to sustain its strong growth momentum, raising the GDP growth forecast to 6.8 percent and 6.7 percent in 2017 and 2018, […]
Read MoreHANOI — Vietnam reported a trade deficit of US$1.9 billion in the first quarter (Q1) of this year, the General Statistics Office (GSO) announced on Wednesday. During the first three months of 2017, total export value grew 12.8 per cent to $43.7 billion compared to the same period last year, while the total import value […]
Read MoreMarket competitiveness of small and medium enterprises in Myanmar which operate in traditional ways will be developed under an MoU signed between the Central Department of Small and Medium Enterprises Development (CDSMED) under the Ministry of Industry and KASIKORNBANK (KBank) of Thailand. SMEs are weak in market competitiveness, technology, financial management and market compliance of […]
Read MorePeople can now order food and drinks with their smartphone after a Cambodian-developed e-commerce application called Tesjor came into operation. Logan Sean, chief operating officer of Pathmazing, that developed the Tesjor app, said the application allows customers a choice of either dining in or getting takeaways, along with the option of delivery at a specified […]
Read MoreMANILA, Philippines – Revenues from the proposed imposition of a 35 percent tariff on rice imports upon expiration of the quantitative restriction (QR) – seen to reach between P27 billion and P28 billion within the current administration – is sufficient to provide for safety net measures for farmers who would be affected by increased importation, […]
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