cam01
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Cambodia – PM: Ending trade pacts hurts development

Prime Minister Hun Sen called on World Trade Organisation (WTO) member states and development partners “to give close consideration” before removing preferential trade status from Least Developed Countries (LDCs). Speaking at the opening of the WTO’s 2019 Global Review of Aid for Trade in Geneva, Switzerland on Wednesday, Hun Sen said that the continuation and […]

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th01
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Thailand: TNSC predicts income loss of B500bn

Exporters are estimated to lose as much as 500 billion baht worth of income from the strong baht this year, with small-scale entrepreneurs hit the hardest. According to Visit Limlurcha, vice-chairman of the Thai National Shippers’ Council, exporters have lost about 200 billion baht worth of income from the impact of the strong baht in […]

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malay01
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Malaysia: Nestle to absorb sugar tax

KUALA LUMPUR: Nestle (M) Bhd  says most of its products will not be hit by the sugar tax imposed by the government effective July 1. “Basically this little impact (of the sugar tax) that we have, we will find a way to absorb it. We will find a way to defend the price of our products so […]

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Philippines: ‘Manila economic zone ban will hurt IT firms’

More than 34 billion pesos ($665 million) worth of projects to put up buildings for information technology and business process management (IT-BPM) companies are now at the mercy of Philippine President Rodrigo Duterte after the presidential Malacanang Palace slapped a ban on new economic zones in the country’s capital district. According to the Philippine Economic […]

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