Tobacco kills 150 people every hour and 1.3 million annually in the World Health Organization’s 11-country Southeast Asia region. The use of tobacco in the region is unacceptably high, and is increasing alarmingly.
As Myanmar’s economy opens its doors, there are many new instruments that local companies must grasp in order to prosper from global trade. Letters of credit are one of the most important of these instruments.
During a campaign event in Nay Pyi Taw’s Dekkhinathiri township on September 23, Minister for Agriculture and Irrigation U Myint Hlaing told locals not to believe non-Buddhists and those who married foreigners when they say they love the country.
After 10 years of negotiation, the Association of Southeast Asian Nations’ (ASEAN’s) much anticipated ASEAN Economic Community (AEC) comes into effect at the end of this year. There is much to be lauded in the agreement, particularly its focus on opening sectors to competition and breaking down trade barriers. The benefits of implementation could lift aggregate output by 7 percent by 2025 and generate around 14 million new jobs.