The Hanoitimes – Nintendo plans to keep its fiscal 2019 target for global Switch sales at 18 million units, so an increase in Vietnamese production will likely bring a corresponding decrease in China relative to initial plans. Japan’s Nintendo is scheduled to shift some production of its Switch console to Vietnam from China, as the Washington-Beijing […]
Read MoreMANILA, Philippines — Local farmers are claiming that there has been undervaluation of rice imports by more than P4 billion with the opening up of the market, contrary to what the government has reported. The Federation of Free Farmers (FFF) said importers may have reduced their tariff obligations by deliberately lowering the declared value of […]
Read MoreThe prolonged trade war between China and the United States has prompted at least two Chinese toy makers to relocate their assembly plants to Indonesia, the Indonesian Toy Makers Association (AMI) said on Sunday. AMI chairman Sutjiadi Lukas said two Chinese investors had expressed interest in constructing factories in Indonesia for assembling baby strollers and wooden toys. He […]
Read MoreThe Commerce Ministry plans to speed up the trade facilitation framework for Southeast Asia with Asean officials this week, focusing on a reduction in non-tariff measures in the region. Thailand is the Asean chair for 2019. The Asean Trade Facilitation Joint Consultative Committee will meet tomorrow and Thursday. Auramon Supthaweethum, director-general of the Trade Negotiations […]
Read MoreXieng Khuang provincial authorities have announced plans to approve all investment project proposals within two weeks without any delays. Provincial governor Bounton Chanthaphone told Vientiane Times recently that the province’s investment committee will no longer delay any investment projects that annoy private enterprises and make them retreat from the province. “If companies really want to […]
Read MoreAsia has seen an increasing divide between the pay of lower-level employees and senior managers, a study has found, with Singapore home to some of the largest increases recorded over 10 years. Organisational consulting firm Korn Ferry said on Monday (July 10) that its study of pay gaps found that Singapore experienced a pay gap […]
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