When Xi Jinping became Secretary of the Communist Party in 2008, China was facing hardships triggered by the global financial crisis. Meanwhile, the Washington-driven Trans-Pacific Partnership (TPP) coalesced Pacific nations into a trading bloc aligned to the US to compete with China’s influence on its neighbours. China’s model as the world’s manufacturing foundry at that […]
Read MoreKUALA LUMPUR (Bernama) – RAM Rating Services Bhd (RAM Ratings) forecasts Malaysia’s headline inflation to remain at 2.5 per cent this year – the same as last year – underpinned by lower contribution from the transport component. The rating agency said transport inflation was unlikely to repeat last year’s double-digit growth trajectory without the low-base […]
Read MoreSINGAPORE (Xinhua) – Singaporean Deputy Prime Minister Teo Chee Hean said Sunday that the government would continue to help companies and trade unions in their economic transformation through the employment of technologies and the training of the workforce. Teo, who also acts as the Coordinating Minister for National Security, made the remarks while delivering a […]
Read MoreSINGAPORE (BLOOMBERG)- Singapore remains a competitive destination for businesses even though it’s raising taxes and maintaining some restrictions on foreign workers, Minister for Trade and Industry S. Iswaran said. “When you take into account the whole scheme of taxes, including corporate tax regimes, personal tax regimes, I think Singapore still remains a competitive destination in relative […]
Read MoreWhen government-aligned Fresh News reported on Sunday that bilateral trade between the US and Cambodia had increased to $3.46 billion last year, up more than 8 percent from the year before, they weren’t using Cambodian government data. Nor was the state-run Agence Kampuchea Presse using government statistics when it reported in November that trade with […]
Read MoreStart-ups and small and medium-sized enterprises (SMEs) are now calling for equal treatment of foreign and local banks as this will give them more options to borrow money for growth. The development arrives after the Central Bank of Myanmar (CBM) said it would not be reducing the high lending rates charged by local banks that […]
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Thailand
