China is urging Myanmar to move forward with several agreements made during Chinese President Xi Jinping’s visit to the country in January. During a meeting last week, Chinese ambassador to Myanmar Mr Chen Hai and U Set Aung, deputy minister of Planning and Finance, discussed how to ensure continuous development of the China-backed New Yangon […]
Read MoreWhile most businesses have been forced to downsize and have halted recruiting new staff, a recent survey has found that some companies are continuing to hire new employees as part of their strategy for faster recovery after the health crisis ends. A recently published month-long survey by Mekari, a human resource and financial solutions start-up, shows that most Indonesian companies have either frozen or reduced hiring […]
Read MoreThe draft law on anti-money laundering and combating the financing of terrorism (AML/CFT) has been approved at a Council of Ministers meeting chaired by Prime Minister Hun Sen. The law is designed to guarantee against AML/CFT by identifying measures to prevent it, crack down on it and combat such activities in the Kingdom. After approval […]
Read MoreThe Export-Import Bank of Korea will provide Myanmar with a US$30 million COVID-19 Emergency Equipment loan from its Economic Development Cooperative Fund (ECDF). The decision was made on May 14, during a meeting between Mr Kim Yu-Shin, director of EDCF’s Operations Department, and U Thant Sin, Myanmar ambassador to the Republic of Korea. The loan […]
Read MoreKUALA LUMPUR, May 18 — Since ramping up its production efforts, Malaysian manufacturers are now able to produce up to five million pieces of personal protective equipment (PPE) and are able to further increase their output. Malaysian Plastics Manufacturers Association (MPMA) president Datuk Lim Kok Boon said the national manufacturing sector takes pride in its […]
Read MoreAny trade benefit cuts by the United States for six categories of rice products would only slightly affect Thailand’s exports, according to a senior commercial official and a rice exporter. Keerati Rushchano, director-general of the Foreign Trade Department, said if Washington decides to remove these products from the Generalised System of Preferences (GSP) programme, the […]
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