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Laos Remains Unable to Streamline Investment Process

While Laos has been promoting a one-stop investment service for many years, lawmakers admit that the reality remains a tedious process mired in bureaucracy. Speaking at the National Assembly’s ninth session yesterday, Deputy Prime Minister Dr. Sonexay Siphandone expressed his dissatisfaction that investors still need to obtain approval from each line ministry responsible for a […]

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Thailand: Operators pin hopes on low-risk Chinese areas

Tourism operators are urging the government to hasten bilateral agreements with 20 low-risk provinces in China for a possible reopening to foreign travellers in the second half of the year. Vichit Prakobgosol, president of the Association of Thai Travel Agents (Atta), said a speedy decision on the matter could cushion the impact on the tourism […]

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Grab contributes Rp 77.4 trillion to Indonesian economy: Research

Ride-hailing firm Grab Indonesia contributed Rp 77.4 trillion (US$5.45 billion) to the Indonesian economy last year, largely thanks to its food delivery service, while providing gig work for the country’s informal workers, research released Thursday has shown. The research, conducted by the Centre for Strategic and International Studies (CSIS) and Tenggara Strategics, revealed that the […]

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Philippines: Digital technology is key to recovery

The webinar organized by the Carlos P. Romulo Foundation and the Makati Business Club last June 23 on the topic “Digital Readiness for the New Normal” provided some insights on the government’s economic recovery plan from the coronavirus disease 2019 or COVID-19 pandemic in which digital connectivity will play a major role. Acting NEDA Secretary […]

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Malaysia’s aging population challenge: World Bank moots RM350 monthly govt-funded ‘social pension’ for B40 elderly as a start

KUALA LUMPUR, June 26 — The concern of whether Malaysia’s fast-aging population would have enough savings to live out their days in retirement could be addressed by having the government fund a “social pension”, such as a RM350 monthly payment to senior citizens in the B40 group, the World Bank has suggested. The World Bank […]

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Cambodia: Food tech company to enter Kingdom

Kemin Industries, a global ingredient manufacturer, has entered into a partnership with Diethelm Keller Siber Hegner (DKSH) to be the distributor for Kemin Food Technologies in Cambodia, Vietnam and Myanmar. Using DKSH’s distribution services will strengthen Kemin Food Technologies’ market synergies and provide a foundation to further expand its presence within Vietnam, Myanmar and Cambodia. […]

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