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One Belt, One Road a boon to Asean — Dominguez

MANILA, Philippines — The Association of Southeast Asian Nations (ASEAN) stands to benefit from the China-led One Belt, One Road initiative, as it would help further solidify cooperation within the region, the Department of Finance (DOF) said. Finance Secretary Carlos Dominguez said the Belt and Road Initiative is in line with the ASEAN’s efforts to […]

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Malaysia to block unfair EU resolutions on palm oil

PETALING JAYA: Malaysia is currently hot on its heels to block the discriminatory European Union (EU) resolutions on palm oil prior to its full enforcement. This year, the EU Parliament passed two resolutions – to impose single certified sustainable palm oil (CSPO) scheme for Europe-bound palm oil exports after 2020 and to phase out palm […]

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Philippine leads in renewable energy developments in Southeast Asia

MANILA, Philippines — The Philippines is leading in installing renewable energy developments in the Southeast Asian region and can still expand the presence of renewable energy footprint by targeting off-grid areas, according to the latest report of Capgemini, a French multinational professional services and business consulting firm. Based on Capgemini’s latest World Energy Market Observatory report, […]

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One Asean or many?

A melting pot of diverse cultures and home to a rich bounty of resources, Asean has grown into a large and attractive destination for foreign investment in the five decades since its founding in 1967. While it is now the world’s seventh largest economy with a collective gross domestic product of US$2.3 trillion, Asean still […]

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Myanmar: Govt allows foreign JVs to trade agri machinery

In a bid to industrialise and further develop Myanmar’s agriculture sector, the Ministry of Commerce will permit foreign joint ventures operating in the country to import and sell agri-related machinery. The move will also help to modernise the local agri-products manufacturing sector by raising productivity and longer term cost-efficiency. The companies are permitted to sell […]

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