China’s Yunnan province woos greater trade with South and Southeast Asia The Belt and Road Initiative (BRI) will not lead to a debt crisis for countries that borrow money from China to finance infrastructure projects, Li Jiming, director-general at Foreign Affairs Office of Yunnan province of China, said. He was speaking at a press conference […]
Read MoreLeaders of Cambodia, Laos, Myanmar, and Vietnam (CLMV) on Saturday pledged to strengthen cooperation in a number of priority sectors. The CLMV Summit was held on Saturday in Bangkok, bringing together high-ranking officials from each participating nation. Hun Sen, the Cambodian Primer Minister, told reporters after the summit that the countries have agreed to work […]
Read MoreThe Hanoitimes – Hanoi must keep following the international development trend, to catch up with the new technology and science to avoid making Hanoi`s investment environment obsolete. This was announced by Indonesian Ambassador to Vietnam Ibnu Hadi, in an interview granted to Hanoitimes, during “Hanoi 2018 – Cooperation, Investment and Development” conference on June 17 at the […]
Read MoreBank Indonesia (BI) Governor Perry Warjiyo said the latest developments regarding the United States Federal Reserve and European Central Bank (ECB) would be at the top of the agenda at the next BI board of governors meeting. Perry said at the meeting, which will be held on June 27 and 28, the board will discuss the measures needed to stabilize the country’s economy, […]
Read MoreHONG KONG: Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve’s hawkishness could also bring cheer for a small group of Asian economies that wouldn’t mind seeing their currencies weaken. Fed rate hikes this year and the prospect of more to come have […]
Read MoreMANILA, Philippines — Raising wages further would lead to job losses, while suspending the Tax Reform for Acceleration and Inclusion (TRAIN) Law would not address inflation, said foreign business leaders. “While wages, in conjunction with inflation and soaring commodity prices, have always been concerns that need to be addressed, but also here, a balance must […]
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