The commerce ministry committed to developing the country’s nascent e-commerce sector as a means to boost trade and create jobs, but the lack of infrastructure and rampant illicit trade pose a serious threat to the emerging industry. The report from the United Nations Conference on Trade and Development (UNCTAD) titled “Rapid eTrade Readiness Assessment of Myanmar” […]
Read MoreEnergy and Mineral Resources Minister Ignasius Jonan said on Thursday that the large amount of oil and gas imported in October was needed for manufacturing industries to produce more export-oriented products. “[The problem], I think, is that we exported less, especially from the non-oil-and-gas sector,” he said on Thursday in response data from Statistics Indonesia […]
Read MoreJOHOR BARU: Foreign investors, especially from Japan and Singapore, have expressed their willingness to retain and maintain their foreign direct investments (FDIs) in Malaysia. According to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, foreign investors have also expressed their confidence in the country’s new leadership. These commitments were relayed to Azmin during his official visits to Japan and Singapore with Prime Minister […]
Read MoreThe Hanoitimes – Economy Minister Nguyen Chi Dung affirmed that Vietnam will not attract FDI at all cost. Rather, it will facilitate projects based on high technology, source technology, and a high added value. Commitments on investment and services in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will lure more quality foreign investment inflows […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to raise anew policy interest rates by 25 basis points as part of a proactive action to help temper the rise in inflation. This brought the total increase in benchmark rates to 175 basis points in five rates setting meetings since May this year to curb rising inflationary […]
Read MoreSales of private homes by developers in Singapore fell 48 per cent month-on-month in October, government data showed on Thursday. Data compiled by the Urban Redevelopment Authority showed developers sold 487 units last month, compared with 932 units sold the previous month. The October sales number was also a 36 per cent drop from the […]
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Thailand
