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Wednesday, May 16, 2012
The Electricity Tariff Fixing Commission (ETFC) of Nepal is prepared to hike the retail electricity tariff by an average of 20 percent by mid-July with some conditions for the Nepal Electricity Authority (NEA), officials said.
Monday, May 14, 2012
Asian exchanges fight for foothold in Myanmar
Two of Asia's biggest stock exchanges are fighting for dominance in the world's hottest new frontier market as investors beat a path to Myanmar following the end of decades of military rule.
Thursday, May 10, 2012
As Myanmar prepares for an economic resurgence following the end of decades of military rule, wide-eyed firms from all over Asia are competing for a piece of the potentially lucrative pie.
Monday, April 23, 2012
Japan will write off billions of dollars in debt owed by Myanmar and restart development loans, the leaders of the two countries said on Saturday, in a further move to end the Southeast Asian nation's isolation and strengthen its nascent democracy.
Thursday, April 19, 2012
Cambodia's CSX begins trade after listing 1st IPO
Trading on Cambodia's stock exchange has begun for the first time after a state-run company completed its initial public offering.
Thursday, April 12, 2012
Myanmar will set up a securities exchange with the help of the Tokyo Stock Exchange (TSE) and Daiwa Securities Group as the resource-rich nation hunts for foreign investors after decades of isolation.
Wednesday, April 11, 2012
The Bhutan government is looking at liberalizing the wholesale business as a means to streamline the process of how goods are brought into the country and retailed to consumers.
Wednesday, April 4, 2012
Every table and much of the floor at Co-Operative Bank in Myanmar's commercial capital is stacked with thick bricks of the local kyat currency. Money counting machines clatter. Workers carry sacks of cash slung over their shoulders.
The International Monetary Fund (IMF) on Monday approved a US$427 million loan for Sri Lanka, hoping to shore up government coffers that have been ravaged by a massive trade deficit.
Thursday, March 29, 2012
Myanmar's currency will be largely unshackled from government controls next week in a significant step toward reforming the impoverished country's economy, state media reported Wednesday.
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