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Philippines: Govt to back construction, consumer sectors – Lopez

THE government is intent on supporting the construction industry given the government’s infrastructure push while also upholding consumer protection, the Trade department said. Trade Secretary Ramon Lopez expressed this position on Wednesday as he reiterated that existing rules, particularly for cement, would protect both sectors.  “Whether addressing the quality of cement or steel products, the […]

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Laos, Cambodia, Vietnam parliaments vow development push

Enhancing parliamentary oversight of cooperation for the triangle development area was discussed by representatives of the National Assemblies of Cambodia, Laos and Vietnam (CLV) in Vientiane this week. The sixth meeting of the Foreign Affairs Committees of the National Assemblies of the three countries is being held in the capital during August 1-4. In his […]

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Malaysia: KWAP to consider investing in Malaysia’s foreign-owned insurers

Kumpulan Wang Persaraan (Diperbadankan), Malaysia’s second-largest pension fund, is considering investing in foreign-owned insurers based here, Bloomberg reports. KWAP CEO Datuk Wan Kamaruzaman Wan Ahmad spoke to the newswire in a phone interview, saying KWAP is asking for pitches following inquiries from banks about possibly buying stakes in overseas insurers’ Malaysian units. This comes following […]

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