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Indonesia urges G20 countries not to withdraw economic stimulus prematurely to support recovery

Indonesia has urged leaders of G20 nations not to end their financial support programs prematurely to help ensure the recovery of the pandemic-battered global economy, while also calling for international cooperation in the development and distribution of a COVID-19 vaccine. Finance Minister Sri Mulyani Indrawati said a “partial and uneven” economic recovery could result in […]

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Thailand: Weighing the consequences

What is the real cost for tourists when planning an outbound trip to Thailand in the Covid-19 era? Apart from sufficient budget for a quarantine facility, which for the most luxurious trip can be as high as 300,000 baht per person, tourists must consent to dedicated extra time for a 14-day quarantine — a condition […]

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Cambodia: Promoting infrastructure to boost trade status

Traditional handicaps such as a lack of supportive infrastructure, lack of ease of doing business and high production costs remain priorities to be urgently addressed by the government if the country is to boost its regional trade competitiveness, say observers. According to a Ministry of Economy and Finance’s official, Cambodia has already offered potential resources […]

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Local, foreign firms eager to explore West Philippine Sea

MANILA, Philippines — Local and foreign companies, including the MVP Group’s PXP Energy and Dennis Uy’s Udenna Group, are eager to explore for oil and gas in the West Philippine Sea following the lifting of the moratorium on drilling activities in the disputed area, according to Energy Secretary Alfonso Cusi. The Duterte administration’s announcement has […]

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Malaysia: Sustainable bond investment gains traction

PETALING JAYA: Unlike most other investments which have been impacted by the tough economic conditions, sustainable bond investment seems to be going against the tide. Global issuance of green, social and sustainability bonds (collectively sustainable bonds) have grown significantly over the last five years from US$50bil in 2015 to US$323bil in 2019. A report from […]

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Myanmar: Over 250 Cutting, Manufacturing and Packaging (CMP) factories at Hlintharyar and Shwe Linban Industrial Zones are reopened and started its operation regularly

Officials from Hlinetharyar and Shwe Linban industrial zones administrative committee said that over 250 ‘Cutting, Manufacturing, Packaging’ (CMP) factories had been reopened in their zones. The government allowed reopening of CMP factories which had passed Grade A and B criteria and regulations imposed by the Ministry of Health for containment and control of COVID-19 and […]

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