KUALA LUMPUR: The World Bank is projecting the country’s gross domestic product (GDP) to grow by 6% this year, lower than its earlier forecast of 6.7%. In its Economic Update for East Asia and the Pacific – Uneven Recovery released yesterday, the bank said the growth is expected to be supported by the gradual strengthening […]
Read MoreThe e-commerce site is a key national program to boost trade activities between Vietnam and the EU. An e-commerce site will make debut soon for businesses of Vietnam and the EU to better exploit opportunities of export to each other’s market after the EU-Vietnam Free Trade Agreement (EVFTA) took effect. This is a cooperation program […]
Read MoreMANILA, Philippines — Several tourism stakeholders are considering shuttering their businesses for good as they anticipate another summer season without tourists from Metro Manila and overseas. Tourism Congress of the Philippines (TCP) president Jose Clemente III told The STAR many of his colleagues in the travel sector are ready to cease operations, but are holding […]
Read MoreWhen starting a business in Thailand, many people find themselves in a maze of regulatory procedures and licences, not to mention conflicting legal interpretations by different state agencies. Such complications discourage some from even starting a business, while those who decide to jump in may end up facing unnecessary costs and time-wasting through a string […]
Read MoreIndonesia aims to become an electric car manufacturing center in the region in the next few years, which will be a competitive challenge for Vietnam’s domestic automobile industry. Toyota has announced additional investment capital of $1.95 billion in Indonesia. The capital, to be disbursed from now to 2024, will be used to make hybrid and […]
Read MoreAlthough ASEAN member states have already ratified several transportation framework agreements to boost cross-border transport and transit between member nations, the region has yet to take full advantages of the implementation of those agreements. Four transportation agreements have been established and signed in ASEAN to facilitate cross-border transports and transit. They are framework agreements on […]
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