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Indonesia: Indef highlights three economic issues in 2019

The Institute for Development of Economics and Finance (Indef) has underlined three major economic issues the government should address in 2019 – the  current account deficit, low-quality human resources and heavy dependency on natural resources for export. Indef economist Bhima Yudhistira Adhinegara said the government needed to narrow the current account deficit to US$8.8 billion or 3.37 percent to the […]

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Lao, Russian commissions enhance ties

VIENTIANE TIMES/ANN: Laos and Russia have agreed to continue broadening their cooperation in trade, economic, scientific and technical affairs. The 14th session of the Joint Laos-Russia Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation took place in Vientiane between November 26 and 27. During the session, the two parties reviewed the cooperation between Laos […]

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CRF voices concern over EU rice tax on Cambodia

The president of the Cambodia Rice Federation (CRF) has expressed concern over an impending EU tariff on Cambodian rice imports, saying that it is factors within EU states that are harming European farmers most. “Difficulties faced by European farmers are largely due to the lack of collaboration between them, millers and traders,” CRF president Sok […]

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Jakarta, KL, Bangkok seen as export markets for fashion items

MANILA, Philippines — Southeast Asian cities like Jakarta, Kuala Lumpur and Bangkok present opportunities for Philippine exporters and retailers as consumers in these markets are willing to spend for fashion items, the Philippine Exporters Confederation Inc. (Philexport) said. Citing a survey conducted by the Hong Kong Trade Development Council (HKTDC), Philexport said the three markets […]

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Trade Department pushes 12 priorities for Asean chair

Twelve economic issues, including the conclusion of negotiations on the Regional Comprehensive Economic Partnership, have been proposed for consideration as Thailand readies itself to assume Asean’s chairmanship.  Thailand had announced “Advancing Partnership for Sustainability” as the theme for its chairmanship next year.  Oramon Sapthaweetham, director-general of the Trade Negotiation Department, said 12 economic issues have been […]

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Philippines: DOE mulls overhaul of outdated rules

MANILA, Philippines — The Department of Energy (DOE) is putting more teeth in reviewing and repealing outdated issuances and laws to help improve ease of doing business in the country. The agency issued a circular to review and revisit past and current issuances to identify burdensome and unnecessary law and rules. DOE has created a technical working […]

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