THAILAND should capitalise on its position as chair of the next two Asean summits in 2019 by finishing the Regional Comprehensive Economic Partnership (RCEP) negotiations in order to mitigate risks from the US-China trade war, say experts. The RCEP, led by China, is the largest proposed multilateral free trade agreement in history, involving 16 countries […]
Read MoreThe Finance Ministry is conducting a study on the possibility of increasing remunerations for regional heads – governors, mayors and regents – as part of a broader effort to reduce rampant corruption practices, according to a top official. “We are conducting a study. We will also report the idea to the President because he also […]
Read MorePETALING JAYA: Amid rising global trade tensions, Malaysia’s exports rose to a record high of RM96.4bil in October after growing at a higher-than-expected rate of 17.7% from a year ago, powered by manufactured goods, and with shipments to China picking up strongly. Adding to the positive development was the fact that the country’s trade surplus widened to the highest-ever recorded of RM16.3bil from RM15.3bil in […]
Read MoreTo boost the price of the commodity and diversify the market, a national strategy for the pepper sector is on the way, a government official announced yesterday. The policy will be drafted by the ministries of Commerce and Agriculture with the help of the International Finance Corporation (IFC) and the Cambodian Pepper and Spices Federation. […]
Read MoreEconomic growth in Asean is expected to slow to 5 per cent in 2019, after an estimated 5.3 per cent in 2018, according to the latest ICAEW report “Economic insight: South-east Asia”. This comes as the US-China trade conflict and the subsequent slowdown in China are expected to “weigh significantly” on Asean growth, in particular for export-dependent […]
Read MoreMANILA, Philippines — The Sugar Regulatory Administration (SRA) is urging the Department of Trade and Industry to implement a suggested retail price for sugar. Emilio Yulo, SRA board member for the planters sector, said the DTI should be on deck in addressing profiteering as sugar prices remain high at retail level despite the decrease at […]
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Thailand
