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Agreement with Laos to import electricity

Electricite du Cambodge has signed an agreement with Laos to import 115 kilowatts of electricity from Laos to Preah Vihear province, and on to Kampong Thom and Oddar Meanchey provinces. The EDC posted on its Facebook page that the agreement was signed on Tuesday in Vientiane by EDC director Keo Rattanak and Laos’ minster of […]

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Thailand: Extra tax breaks to push SME growth

THE Board of Investment’s (BOI) board has agreed on measures to boost the capabilities of small and medium enterprises (SME), while its secretary-general has expressed confidence that this year’s applications for investment promotion privileges would hit its target of Bt600 billion. Duangjai Asawachintachit, BOI secretary-general, said after the board meeting chaired by Prime Minister Prayut […]

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Indonesia relaxes import regulations for 6 commodities

Trade Minister Enggartiasto Lukita said on Wednesday he had signed six regulation drafts to relax import procedures and requirements for six types of commodities in a bid to help small and medium enterprises (SMEs) procure raw materials. The drafts will be passed to the Law and Human Rights Ministry for validation and are expected to be applicable early next […]

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Philippines: Balance of payments deficit narrows in Nov

The country’s November balance of payments (BoP) position was a deficit of $44 million, the Bangko Sentral ng Pilipinas (BSP) reported late on Tuesday, smaller than the $368-million and $1.67-billion shortfalls recorded in October and a year earlier. “Outflows in November 2017 stemmed mainly from payments made by the national government for its maturing foreign […]

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