MANILA, Philippines — Term deposit rates rose across-the-board to hit record levels ahead of the rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP) scheduled today. The seven-day term deposits fetched a record yield of 4.8291 percent, 8.49 basis points higher than last week’s 4.7442 percent, while the rate of the 14-day tenor increased 7.52 […]
Read MoreThe Hanoitimes – Cut-off and simplification of investment and business requirements are important policies of the government for significant changes in the business environment and competitiveness of the economy. The government on November 7 issued Decree No. 151 to cut off and simplify 117 business requirements in five sectors under the management of the Ministry of […]
Read MoreSingapore companies have big plans to expand in ASEAN over the next two years and Myanmar, with its growth potential and overall investment climate, is on the cards for many, according to a recent survey by the Singapore Business Federation (SBF). The survey, conducted from December 2017 to March 2018, collected views from 1036 Singapore companies […]
Read MoreForeign banks will be allowed to expand their branch networks in Myanmar next year, according to two senior officials of the Central Bank of Myanmar (CBM) yesterday. “More foreign bank branches will be allowed next year. Foreign banks can no longer be blocked from doing business in Myanmar because the local banks are not developed […]
Read MoreThe Council for the Development of Cambodia (CDC) has approved 170 investment projects during the first nine months of the year, 25 more projects than during the same period last year. However, total investment decreased by $1,362 million, reaching just $4,719 million from January to September, a CDC report said. 56 of total approved projects, […]
Read MoreWhile the implementation of the 20 percent blended biodiesel ( B20 ) mandatory policy needs fine tuning, biodiesel producers want the government to increase biodiesel content in fuel to 30 percent early next year. “If we want to save our foreign exchange further, we need to reduce diesel fuel imports by utilizing more fatty acid methyl esters [FAME]. We need to upgrade […]
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Thailand
