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Cambodia: New commerce laws come into effect

The much-awaited e-commerce and customer protection laws came into effect on Nov 2 after the drafts were signed by King Norodom Sihamoni. Composed of 12 chapters and 67 articles, the E-Commerce Law aims to promote trade via electronic means and addresses key topics like electronic signatures, which are seen as an important tool in making […]

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Indonesia investment growth sped up in Q3: UOB

INDONESIA’S investment realisation of domestic and foreign direct investment accelerated in the third quarter of 2019, which “reflects confidence among investors in the Indonesian economy following the election victory of the incumbent President Joko Widodo”, UOB economists said in a Nov 12 note. Overall, total investment realisation grew 18.4 per cent year on year, accelerating from […]

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DHL scales up operations in Myanmar with new warehouse

DHL Supply Chain, one of the global market leaders for contract logistics solutions, announced the opening of its first multi-user warehouse in Myanmar, last week. The company has invested approximately K1.58 billion (€1 million) in the facility located in Dagon Seikkan Industrial Zone in Yangon, and is targeting to add more than 200 full-time employees […]

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Vietnam needs foreign aid to develop renewable energy

The Hanoitimes – Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, coming third behind fintech and education. Despite a recent development of renewable energy, Vietnam still needs assistance and aid from its foreign partners in the transition to the clean power resource, officials said. According to Do Duc Quan, […]

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