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Myanmar: Business groups speak out against potential withdrawal of EU GSP

Three major domestic business organisations have urged Brussel’s visiting mission not to revoke Myanmar’s access to the Generalised Scheme of Preferences (GSP). Meanwhile, The Myanmar Times understands that a statement co-signed by six European business groups has been addressed to the monitoring mission, arguing that withdrawing GSP “will undoubtedly have a detrimental impact on the most vulnerable people […]

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Cambodian-Thai​​ border trade increases

Bilateral trade between Cambodia and Thailand reached $3.16 billion in the first nine months – an increase of 14.08 per cent year-on-year. Imports to Cambodia were worth $2.65 billion, representing a 19.26 per cent increase in contrast with exports to Thailand that was valued at merely $543.26 million or a 6.2 per cent drop. “Border […]

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In search of e-commerce proxies among Singapore stocks

THIS Christmas, there will be more than fairy lights spreading the festive cheer. Online marketplaces gearing up on discount events will keep the tills – or rather e-wallets – ringing for e-commerce businesses. But in Singapore, there are few listed equities with direct exposure to e-commerce. As Andrew Gillan, Janus Henderson Investors’ head of Asia ex-Japan equities, puts […]

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Philippines lines up 5 economic agreements with China

MANILA, Philippines — The Philippines is expected to sign at least five economic agreements with China during President Xi Jinping’s visit to the country in November, the Department of Finance (DOF) said yesterday. Finance Secretary Carlos Dominguez said the agreements include loans and guarantees, economic and technical cooperation, support for the feasibility studies on the […]

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