Economic ministers are planning a “relocation package” to attract foreign companies looking to move their factories because of global trade tensions, officials said on Thursday. The Thai economy, Southeast Asia’s second-largest, grew at its weakest pace in nearly five years in the second quarter, on declining exports and soft investment. The relocation package will be discussed […]
Read MoreLicenses for importing some of the over 4,000 products into the country will be done away with as part of the move to facilitate trade and ensure Myanmar adheres to international trade regulations. Ministry of Commerce assistant secretary U Khin Maung Lwin said import licenses will be done away with in a move to facilitate […]
Read MoreKUALA LUMPUR: The Malaysian retail industry achieved a better-than-expected growth rate of 3.8% in retail sales for the first quarter of 2019 (1Q19) as compared with the same period in 2018, said the Domestic Trade & Consumer Affairs Ministry. Deputy Minister Chong Chieng Jen (pix) said as of 1Q19, the services sector contributed 57% to gross domestic product […]
Read MoreVIENTIANE (Vientiane Times/ANN) -The authorities will no longer approve the construction of fuel depots and petrol stations close to communities, key government offices, temples, rivers or television and radio stations, according to a new ministerial decision. Minister of Public Works and Transport, Dr Bounchanh Sinthavong, on June 18 put into practice the newly amended ministerial […]
Read MoreTEMPO.CO, Jakarta – A survey conducted by pollster Kedai Kopi on July 19, 2019, discovered that as many as 60 percent of the respondents asserted that the ASEAN organization still brings benefits. However, the survey also recorded only 19.7 percent who are optimistic about the future of ASEAN. The survey was carried out among 117 respondents in […]
Read MoreSINGAPORE – Fintech start-up soCash is gearing up to grow its Asian distribution network after raising US$6 million (S$8.2 million) in Series B funding, it announced on Monday (July 22). The funding round was led by Japan’s Glory Ltd, and participated by global venture capital fund network Vertex Ventures as well as Standard Chartered Bank’s […]
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Thailand
