Myanmar’s initial phase of economic liberalisation led to an impressive growth takeoff and poverty reduction. But now, a second wave of reforms is needed to continue the strong momentum, according to the latest International Monetary Fund (IMF) report for Myanmar. The IMF Article IV report released March 28 found that the growth take-off has been […]
Read MoreMyanmar’s first stock exchange backed by Japan’s public and private sectors will promote the bourse in Tokyo next month, aiming to lure Japanese investors ahead of the scheduled enforcement of a new company law deregulating foreign ownership of local firms. The planned presentation in Tokyo of the two-year-old Yangon Stock Exchange, or YSX, is part […]
Read MoreSINGAPORE: The Goods and Services Tax (GST), also known as the Value-Added Tax (VAT), has been implemented in most countries globally as a source of revenue. Malaysia, is thus, no exception. Depending on the country, the rate can be as high as 28 per cent and Malaysia is among those to have implemented the consumption […]
Read MoreGood corporate governance is what attracts investors, such as International Financial Corporation (IFC), for companies, according to the findings revealed by the latest transparency report. The report also points to the very poor disclosure record and absence of corporate governance by companies which are registered at Directorate of Investment and Company Administration (DICA) as “public” companies, […]
Read MoreYangon Stock Exchange-listed Myanmar Thilawa SEZ Holdings (MTSH) will invest in new special economic zones (SEZs) in Myanmar and development projects in Yangon for more growth, U Aung Soe Tha, Managing Director of MTSH, said at the exchange on Sunday. The move will see MTSH invest beyond Thilawa SEZ and in the growth and development […]
Read MoreConcerns are mounting from multiple parties after Grab, the taxi ride hailing company, officially announced the acquisition of rival Uber’s Southeast Asia operations on Monday. ‘‘We have reached an agreement to combine our business in Southeast Asia with Grab. In exchange, Uber will take up a 27.5 percent stake in the combined company. After investing […]
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Thailand
