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APEC discusses experiences in simplifying business registration

HCM CITY – APEC members shared their experiences in assisting companies, especially micro, small and medium-sized ones, smoothly register for doing business at a workshop titled “Simplified business registration and incorporation according to international best practices” held in HCM City on Thursday. Hosted by the US, the workshop attracted around 100 participants and experts from […]

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APEC discusses trade facilitation

HCM City – Trade facilitation is one of the most important priorities for APEC, a meeting of the  Committee on Trade and Investment – Friends of the Chair on Trade Facilitation heard in HCM City on Thursday. “APEC has been leading the world in trade facilitation, and we are now hoping to contribute to the implementation […]

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Korean firms leave Philippines for Vietnam

Due To Rising Cost of Business MANILA, Philippines – Korean manufacturing companies in the Philippines are packing up and leaving the country for Vietnam where they see lower costs and an easier way of doing business. Korean Chamber of Commerce of the Philippines president Ho Ik Lee said many Korean firms have been complaining about […]

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Bank Indonesia Expects Govt Spending Boosts Economic Growth

TEMPO.CO, Jakarta – Bank Indonesia (BI) Governor Agus D.W. Martowardojo hopes that the government spending will become the primary stimulus to stimulate the national economic growth. “The government spending includes those related to infrastructure projects and targeted non-energy subsidies,” Agus said at the BI Complex in Jakarta today, August 24. According to Agus, the government will have to continue […]

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Indonesia: Rupiah Strengthens to Rp13,354 per US Dollar

TEMPO.CO, Jakarta – The rupiah was trading stronger by 5 points to Rp13,354 per US dollar in Jakarta inter-bank market this morning. Binaartha Sekuritas Reza Priyambada in Jakarta said that the rupiah’s gain was relatively maintained following sustained inflow of foreign capital, allowing continued supply of foreign exchange. “The policy to cut BI 7-day reverse repo rate was perceived […]

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