2020 – Page 103 – ASEAN Economic Community Strategy Center

November 11, 2020

Vietnam boasts huge opportunities to attract foreign investment: WB official

Vietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said. Vietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said during an interview with […]

November 11, 2020

Thailand: Labour shortage a blessing for migrant workers

Migrant workers from Myanmar, Laos and Cambodia whose work permits expire next year are being allowed to continue working in Thailand for up to two more years. Permission for the legally registered migrant workers to stay longer was approved at the weekly cabinet meeting on Tuesday, according to deputy government spokeswoman Rachada Dhnadirek. She said […]

November 11, 2020

Indonesia seeks to double deals with Latin America, Caribbean countries in business forum

Indonesia aims to double the value of business deals to be made during this year’s business forum with Latin American and Caribbean countries. The value of business deals agreed during the same event last year, which involved more than 200 companies, reached US$33 million, according to I Gede Ngurah Swajaya, the director general for American […]

November 11, 2020

Cambodia: Union asks for more help for beleaguered tuktuk drivers

Tuktuk drivers have seen a drop in revenue of up to 70 percent but are still being asked to pay up to 15 percent of it for using ride-hail technology, say representatives. One of Asia’s oldest and longstanding jobs has seen a shakeup with many drivers looking to leave their jobs to find alternative income […]

November 11, 2020

Malaysia: MPC calls for effective regulation

KUALA LUMPUR: Implementing Budget 2021 during the Covid-19 pandemic is challenging due to uncertainty as business as usual will no longer work and regulators will need to assist businesses with effective regulation as part of the new norms. Malaysia Productivity Corp (MPC) director-general Datuk Abdul Latif Abu Seman said effective regulation is needed to drive investments, strengthen […]

November 11, 2020

Philippines: Banks, swamped with unpaid loans, are not lending

MANILA, Philippines — Banks continued to hold back from lending as loans in their books start to turn sour with the unwinding of regulatory relief extended to customers battered by the pandemic. Outstanding loans by big banks, net of their lending to each other, inched up 2.8% year-on-year as of September, sustaining a weakening trend […]

Asean News

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

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Yearly Archives: 2020