MANILA, Philippines — The government will further open up retail trade as it plans to drastically lower the foreign capital limit from the current $2.5 million to $200,000 (about P10.2 million), a top economic manager said. Socioeconomic Planning Secretary Ernesto Pernia told reporters on the sidelines of the opening ceremony for the 28th National Statistics […]
Read MoreSINGAPORE – Slow payments rose for local companies across all sectors in the third quarter of this year, with the cash flow woes of already worst-hit construction firms worsening. According to the latest quarterly survey by the Singapore Commercial Credit Bureau (SCCB), slow payments rose to slightly more than two-fifths of total payment transactions while […]
Read MoreThe government’s planning unit is upbeat about Thailand’s medium-term economic prospects, predicting growth of 3.8-4.3% a year over the next five years, in line with the country’s 12th National Social and Economic Development Plan (2017-21). Wichayayuth Boonchit, senior adviser to the National Economic and Social Development Board (NESDB), who met an IMF mission led by […]
Read MoreHANOI — The national index of industrial production (IIP) increased 7.9 per cent year-on-year in the first nine months of this year, the General Statistics Office (GSO) reported. The metric was higher than the 7.1 per cent growth recorded in the first nine months last year, and 7.2 per cent in the first eight months […]
Read MoreSINGAPORE is active in Thilawa Special Economic Zone (SEZ) as the dispute resolution centre, while London is stepping up its game in legal services in Beijing’s Belt and Road Initiative (BRI). When it comes to infrastructure disputes, Myanmar has a few choices to consider. Some businesses in China seeking to expand their operations beyond domestic […]
Read MorePolitical ideology training in particular and personnel development in general will be the main focus of the Lao Front for National Construction in the coming year. The plan was disseminated at the plenary meeting of the Front Committee yesterday, which was chaired by the Lao Front’s President, Dr Xaysomphone Phomvihane. Vice President of the Lao […]
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