The Cambodian Ministry of Economy and Finance and the Urban Planning and Design Institute of Shenzhen, China, have entered a consultancy contract to transform Preah Sihanouk province into a model multi-purpose special economic zone. The official contract signing took place virtually between Phan Phalla, Secretary of State at the Ministry of Economy and Finance, and […]
Read MoreThe State Audit Organization and the State Inspection Authority of Laos have uncovered massive losses of over LAK 1.5 trillion and USD 147,387 this year. The two inspection authorities recently announced they had discovered corruption-related losses totaling trillions of kip this year, by Socio-Economic Newspaper reports. Inspection authorities were able to recover approximately LAK 32 billion, […]
Read MoreVietnam and Singapore should further optimise free trade agreements (FTAs) in which both are members to strengthen bilateral business partnerships, according to the former’s minister of industry and trade Nguyen Hong Dien. He proposed this while interacting with Singapore’s second minister for trade and industry Tan See Leng in a recent online meeting. Vietnam and […]
Read MoreJakarta (ANTARA) – Minister of Trade Muhammad Lutfi has said that the rise in the manufacturing Purchasing Managers’ Index (PMI), which reached 52.2 in September 2021, reflects increasing export optimism. “The optimism for increasing exports is shown by the manufacturing Purchasing Managers’ Index (PMI) jump in September 2021, which is in the position of 52.2. The […]
Read MoreKUALA LUMPUR, Oct 21 — The ringgit opened higher on Thursday, buoyed by the positive sentiment following the strong commodities performance. Brent crude oil is currently trading at US$86 per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne. At 9.04am, the local note stood at […]
Read MoreEven though foreign investors have become net sellers on the stock market, they have fled to bonds and are waiting for future investment opportunities, said Tran Van Dung, Chairman of the State Securities Commission of Vietnam (SSC). In the first nine months of the year, foreign investors net sold nearly VND30.2 trillion (US$1.3 billion) on […]
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Thailand
