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Philippines rejects Myanmar in trade pact

MANILA, PHILIPPINES (AP) – The Philippines has followed New Zealand’s decision to reject the inclusion of Myanmar in the world’s largest free trade pact as international opposition to the military takeover that sparked violence and democratic setbacks in the Southeast Asian nation broadened into trade and diplomatic sanctions. Foreign Secretary Teodoro Locsin Jr told his […]

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Malaysia makes strong start of external trade, posting steady trade balance in Jan, says Public Investment Bank

KUALA LUMPUR, Feb 21 — Malaysia has made a strong start of its external trade, posting another steady trade balance in January, its sixth straight month of positive trade growth. Public Investment Bank Bhd (PIBB), in a research note, said favourable trade condition pushed January’s surplus to jump 10.9 per cent year-on-year (yoy) to RM18.4 […]

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Vietnam: Post-Tet labor shortage woes

Although the economy has shown signs of recovery since Q4-2021, a look at the unemployment rate index, the quality of laborers as well as their income, all paint a gloomy picture for the labor market.  That’s why many companies are looking for solutions to ensure enough laborers for production after Tet. Reality shows that every […]

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Trade pacts will draw investment to Cambodia

The Regional Comprehensive Economic Partnership free trade pact and bilateral free trade agreements are among the key factors attracting foreign direct investment to Cambodia, a senior official says. In addition to the RCEP free trade agreement Cambodia has bilateral free trade agreements with China and South Korea, and “these pacts are a factor for the […]

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