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China to Allow Private Investors to Establish Rural Commercial Banks

(Updated: 2014-02-06) China will allow private investors to establish rural commercial banks to inject more funds into the countryside and boost rural development, according to the China Banking Regulatory Commission (CBRC). Private investors have long been shareholders in rural commercial banks, but they have not been allowed to start them. The CBRC said China is […]

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Posted in: China

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Wait for Licenses Ends for Telenor, Ooredoo

(Updated: 2014-01-30) Mobile phone users in Myanmar may soon be able to buy affordable SIM cards following the government’s January 29 announcement that it was poised to formally license two global telecoms giants. Qatar-based Ooredoo was due to formally receive its business license on January 30, while Norway’s Telenor ASA would get its license in […]

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Posted in: Myanmar

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China Approves 12 More Free Trade Zones

(Updated: 2014-01-23) China’s central government has given the nod to 12 free trade zones (FTZs) following the one in Shanghai, amid a spurt of nationwide enthusiasm for such schemes. Tianjin Municipality and Guangdong Province have been green-lit to set up FTZs, a source with knowledge of the approval told Xinhua-run Economic Information Daily on 22nd […]

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Posted in: China

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VN Must Improve Waste Water Treatment

(Updated: 2014-01-21) Viet Nam needs about 8.3 billion USD to provide waste water treatment services to its 36 million urban residents by 2025, according to a World Bank report released on January 20th. Over the last 20 years, the Government made considerable progress when it came to providing waste water services in urban areas, investing […]

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Posted in: Vietnam

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Japanese Enterprises to Invest in Vietnam’s Support Industry

(Updated: 2014-01-17) Business representatives from Japan’s Ehime province say they are seeking partners in Vietnam in the machinery manufacturing and hi-tech agriculture sector at a seminar on support industry links between Ehime Prefecture and Ho Chi Minh City. The conference was organized by Japan’s Esuhai Company in collaboration with the Central Ehime Prefecture Business Association […]

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Posted in: Vietnam

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