Export and tourism-related stocks are likely to reap benefits from the new Regional Comprehensive Economic Partnership (RCEP) trade agreement, which includes 15 countries and was signed over the weekend at the 37th Asean Leadership Summit. The new deal creates the world’s largest free trade bloc, with a combined GDP of US$26.2 trillion, or 30% of […]
Read MoreMANILA, Philippines — The central banks of the Philippines and Singapore agreed to address cybersecurity and other risks with the increasing use of technology to supply financial services amid the global health pandemic. The Bangko Sentral ng Pilipinas (BSP) and The Monetary Authority of Singapore (MAS) recognize that the ability to aggregate, store, process and […]
Read MoreThailand will push to enter more free trade agreements after the country and other 14 nations signed the Regional Comprehensive Economic Partnership (RCEP) last week, said Foreign Minister Don Pramudwinai. He added that Thailand must take the route of multilateral trade since it was a focus of US president-elect Joe Biden. After eight years of […]
Read MoreThe construction of the more than $1.9 billion Phnom Penh-Sihanoukville Expressway has not been delayed despite the Covid-19 pandemic, with more than 26 per cent of the project completed and expected to finish in about two years, according to Ministry of Public Works and Transport secretary of state Vasim Sorya. The first expressway in Cambodia […]
Read MoreConcern over new local Covid-19 cases is affecting domestic sentiment for the upcoming long holiday from Nov 19-22, says the Tourism Authority of Thailand (TAT). Even with the long weekend taking place during the high season, local infections resulted in travellers slowing or changing their travel plans, especially for areas where new cases were reported […]
Read MorePETALING JAYA: The Federation of Malaysian Manufacturers (FMM) said the recent signing of the Regional Comprehensive Economic Partnership (RCEP) will help attract foreign companies keen on entering into an integrated Asean market. This is because the agreement would enhance transparency in trade and investment and would lower trade barriers, it said in a statement. “The […]
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