Cambodian officials will next month embark on a visit to Russia to discuss a free trade agreement with the Eurasian Economic Union, a bloc of countries in central and northern Asia and Eastern Europe with a combined GDP of $5 trillion. According to the Ministry of Commerce, a Cambodian delegation is scheduled to visit Russia […]
Read MoreDespite the importance of international trade as an enginefor economic growth, development and poverty reduction, very little attention has been given to the substantial negative impacts of illicit trade. From smuggling, counterfeiting and tax evasion, to the illegal sale or possession of goods,services, humans and wildlife, illicit trade is compromising the attainment of economic and […]
Read MoreIndonesia’s on-demand services app Gojek has teamed up with start-up accelerator Digitaraya to provide training to start-ups as they look for the next unicorns in the country en route to be Southeast Asia’s digital powerhouse. The program, named Gojek Xcelerate, will provide six-month training programs to 20 selected start-ups. Workshops will involve Google’s start-up acceleration program Google Developers Launchpad, […]
Read MoreThai millennials’ favourite brands in 2019 include Lazada, Grab Taxi, The Mall, Central, Cafe Amazon, Auntie Anne’s, Krispy Kreme, Mister Donut, Watsons, Taokaenoi, Jobthai.com, Acer Computer, S&P and Makro, according to a new study by Influential Brands and Neo Target. The study was released ahead of next month’s “2019 Asia CEO Summit & Award Ceremony” […]
Read MoreMANILA, Philippines — Vehicle sales dipped 2.4 percent in August from a year ago, the first time since January, due to the weak performance of the commercial vehicle (CV) segment and supply issues. In a joint report yesterday, the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) said combined […]
Read MoreTHE risk of bailing out state-owned enterprises (SOEs) could put pressure on national balance sheets in emerging and “frontier” markets in South-east Asia, Moody’s Investors Service has warned in a report. The threat comes mainly from so-called implicit liabilities, where governments are not contractually on the hook for debt but could still be pushed to […]
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