More than 96 percent of tariffs in Asean have been eliminated, but certain parts of the 10-nation economic bloc including Cambodia lag behind others in full implementation of the Asean Trade in Goods Agreement (Atiga), the Ministry of Commerce said in a Facebook post yesterday. It said 99.2 percent of tariffs in the “Asean 6” […]
Read MoreThe 10-member Association of Southeast Asian Nations (Asean) is set to sign a free trade agreement (FTA) with Hong Kong following three years of negotiations, according to a Ministry of Commerce official who said the agreement could spur more investment and expand trade with the bloc’s second-largest trading partner after mainland China. Commerce Ministry spokeswoman […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investment (FDI) into the Philippines almost tripled in June, rising 183 percent to $674 million from $238 million a year ago, the Bangko Sentral ng Pilipinas reported yesterday. “In part, the increase in FDI inflows in June was largely due to the expansion in debt instruments […]
Read MoreRegulations to the 2016 Condominium Law, which will be enacted soon, will allow foreign nationals to take a maximum stake of 25 percent in a condominium property, among other new provisions, said U Nway Hmu, deputy director of the housing division under the Urban and Housing Development Department. The real estate market in Myanmar has slowed […]
Read MoreThailand’s sovereign bonds don’t yield much more than US Treasuries, they cost less to insure than Spanish notes and its currency is more stable than China’s managed yuan. In a sign of how the flood of money into emerging markets is upending conventional wisdom, military-run Thailand with a credit rating just three levels above junk at Moody’s […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia suggests that the government and the House of Representatives (DPR) should be wary of The Fed interest rate hikes next year. Interest rate hike will be taken into account in the proposal of the rupiah exchange rate assumption in the draft 2018 state budget (RAPBN). Bank Indonesia Senior Deputy Governor Mirza Dityaswara […]
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Thailand
