A man shows currency notes imprinted with portrait of General Aung San, late father of Myanmar leader Aung San Suu Kyi, outside Myanmar Economic Bank in Yangon, Myanmar. PHOTO: AP
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Myanmar downplays blacklisting by money laundering watchdog

BANGKOK (AP) – Myanmar’s central bank has promised improvements and warned against currency manipulation after an international watchdog put the military-controlled country on a terrorism and financial crimes blacklist. The Financial Action Task Force (FATF) recommended that Myanmar be included among countries requiring stronger due diligence, citing deficiencies in its enforcement of precautions against money […]

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Philippines: Domestic trade plunges in Q2

DOMESTIC trade contracted in the second quarter even as the economy was further reopened, preliminary data released by the Philippine Statistics Authority (PSA) on Monday showed. The value of goods traded within the country fell by 17.9 percent to P190.09 billion from P231.51 a year earlier. Volume-wise, the plunge was a steeper 23.9 percent to […]

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Vietnam: Free Trade Agreements not yet fully understood

The EU-Vietnam Free Trade Agreement (EVFTA) officially took effect more than two years ago, and bilateral trade has grown considerably ever since. However, despite this growth the market share of goods from Vietnam in the EU market is still quite modest. The reasons behind this need a comprehensive study. Two-way trade Since August 2020, when […]

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Thailand: Plant-based food exports set to soar

Export prospects look promising for Thai plant-based food, with expected growth of more than 20% this year driven by rising numbers of health-conscious consumers, innovations, and an increasing global population, according to the Thai Food Processors Association. Visit Limlurcha, honorary president of the association, said while the export values of the country’s plant-based food remain […]

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