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Brunei: Price Control Act sees better compliance

The Department of Economic Planning and Development (JPKE) at the Ministry of Finance and Economy through the Department of Competition and Consumer Affairs has recorded a 4.8 per cent increase in the rate of compliance with the Price Control Act for the first six months of 2019 compared to the same period in 2018. Businesses […]

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Cambodia: Road damage harming S’ville trade

The Minister of Public Works and Transport Sun Chanthol said on Tuesday that road damage in Preah Sihanouk province caused by recent rainfall and traffic congestion has been affecting the transport of goods between Phnom Penh and Sihanoukville Autonomous Port. Speaking at the opening of a repairing site for a road damaged by flooding in […]

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Asia-Pacific nations rush to conclude trade deal amid tensions

BANGKOK – Amid concerns over rising trade tensions and uncertainty about global economic growth, officials of 16 Asia-Pacific countries have voiced their commitment to speeding up negotiations for an Asia-wide free trade pact, with the hopes of concluding it by November, Thailand said Tuesday. The Regional Comprehensive Economic Partnership is being negotiated among the 10-member […]

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Thailand: Cabinet blocks visa plan

The cabinet yesterday shot down the Tourism and Sports Ministry’s visa waiver proposal for Chinese and Indian visitors but agreed to extend the waiver of visa-on-arrival fees for tourists from 18 countries for another six months. Speaking after a cabinet meeting which approved a 316-billion-baht economic stimulus package covering subsidies for the poor, domestic tour […]

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Growing mobile penetration gives Myanmar fintech a big boost

Financial technology services in Myanmar have boomed following an increasing number of mobile users, according to a report from Fitch Solutions Macro Research. The rise in mobile subscribers began after the government opened up the telecommunications sector in 2014, though enforced supportive regulations and point-of-sale (POS) payment solutions are still lagging behind. Fitch Solutions, a […]

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