HANOI — The Government has instructed corresponding administrative authorities to aim for a 0.5 per cent decrease in lending interest rates from now until the end of 2017, while keeping taxes, fees and other charges unchanged, in order to propel the current disbursement rate in public spending and boost businesses’ productivity. Under Resolution 84/NQ-CP issued last week, Prime Minister Nguyen […]
Read MoreThailand is counting on Japan to play a bigger role not only in the country but also in Asean, asking the Japanese to join the development of a high-speed train network in the East-West Economic Corridor (EWEC). Deputy Prime Minister Somkid Jatusripitak said Thailand is continuing its plan of developing the EWEC along with the […]
Read MoreTHE Philippines’ trade deficit narrowed in July as imports dropped amid double-digit growth in exports, prompting optimism from the government about prospects for the rest of the year. “The country’s balance of trade in goods … [was]$1.65 billion in deficit in [July] 2017, lower than the $2.37 billion in July 2016,” the Philippine Statistics (PSA) […]
Read MoreHCM CITY — The digital economy and e-commerce are opening up opportunities for micro-, small- and medium-sized enterprises (MSMEs) to connect to global value chains, allowing access to regional and global markets, experts said at a workshop held on Tuesday in HCM City. The challenge for MSMEs is to improve their capabilities and incorporate new strategies, skills […]
Read MoreProspects for the Myanmar economy are looking promising despite the unrest in northern Rakhine, officials from the public and private sector said today. Inflation pressures are expected to ease and private and public investments in infrastructure services and non-commodity sectors such as light manufacturing and hospitality are forecast to grow, said U Maung Maung Win, […]
Read MoreCambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market. But hopes are dimming as the submission deadline approaches and a bill proposing the exemption fails […]
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