Financing options for small and medium-sized enterprises (SMEs) in Cambodia just expanded, with the government announcing on Friday a new SME-specialised bank that will be set up with initial capital of $100 million. The new banking institution, the first of its kind in the kingdom, aims to help local companies grow and seeks to bolster […]
Read MoreCargo transport firms are warning that higher fuel taxes under the recently-signed Tax Reform for Acceleration and Inclusion (Train) Act will inflate operational costs and burden consumers. Philippine Inter-island Shipping Association, Inc. (PISA) executive director Pedro Aguilar said shipping rates would have to be increased given the “substantial” tax increase for fuel oil. As fuel […]
Read MoreLaos and Vietnam have agreed to work together to increase the volume of trade between the two neighbours, a senior government official has said. The agreement was reached at a meeting held in Vientiane last week between Laos’ Ministry of Industry and Commerce and Vietnam’s Ministry of Industry and Trade. The two sides agreed to […]
Read MoreKUALA LUMPUR: Bursa Malaysia saw the first foreign outflow after four successive weeks of inflow for the week ended Dec 22, according to MIDF Research. “Based on preliminary data from Bursa which excluded off market trades, the net amount sold by foreign investors on Bursa last week was recorded at RM38.2mil “This latest weekly net […]
Read MoreBRUNEI Darussalam was included in various international studies and rankings in December 2017. One such study was the latest global competitiveness report released by the World Economic Forum (WEF). According to the report, Brunei Darussalam is making major strides in overall infrastructure development, scoring high among the Southeast Asian economies along with Indonesia and Singapore. […]
Read MoreMANUFACTURERS have real reason to be jolly this season as the strengthening global economy continues to buoy demand for Singapore’s exports. The Republic’s factory output expanded 5.3 per cent year on year last month. This was below economists’ expectations of an 8.1 per cent increase – largely because of a plunge in biomedical manufacturing output, […]
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Thailand
