Investment

Tomato Specialized Bank, the smallest bank in the Kingdom, is attempting to sell a majority stake in its operations in order to dilute the equity stake of its defunct majority shareholder while securing a partner able to help it meet the central bank’s revised minimum ...

As Thailand continues to negotiate more free trade agreements, local businesses often struggle to reap the rewards of lower or zero tariffs offered for shipments. The Commerce Ministry reported exporters took advantage of US$52.5 billion worth of FTA preferences and lower tariffs allowed by the Generalised ...

The construction of the Tonkin Gulf fishery logistics center in Co To island district, northern Quang Ninh province, is expected to be put into operation in March, said Secretary of the district Party’s Committee Hoang Ba Nam. The project, started in 2009, has a total ...

The maximum amount of investments which can be approved by regional and state governments has been set to US$5 million. Region and state investment commissions will now be able to approve proposals without having to seek permission from Myanmar Investment Commission, according to an announcement ...

As Myanmar moves to slash government spending, the Pyidaungsu Hluttaw was told that 44 of 52 projects by state-owned enterprises should be suspended. This was following a study by the assembly’s joint committees into the budgets for state-owned projects for the coming fiscal year. After ...

More than 40 rice millers have applied for quality checks to allow for export to China but most have not yet reached a high enough standard, the Agriculture Ministry said. Applications were received in a second call for expressions of interest after 28 millers gained certification ...

Industrial insiders and experts on the kindgom’s nascent stock market have suggested the government set up a fund as an investment vehicle designed to broaden the local public investor base, based on The Thai Fund. Incorporated in 1987, TTF is a non-diversified, closed-end management investment ...

Cambodia has seen a marked increase in industrialisation over the past five years, with the number of factories nearly doubling during that period and producing a broader range of goods for both export and domestic consumption, according to new unreleased government data. In the yet-unpublished ...

Foreign fund managers posed several questions to Finance Minister Apisak Tantivorawong after he gave his keynote speech at the CLSA ASEAN Forum 2017 on March 9. One member of the audience asked Apisak when the general election would take place, adding that investors really wanted to ...

The Unique Tour offered to visitors to Luang Prabang was awarded a special prize on Wednesday by the ASEAN-Japan Centre at a ceremony held in Japan. An official at the centre, Ms Junko Nukiyama, reported on March 9 via social media that Laos was one of ...