Financial and private sector experts said that the removal of Cambodia from the “money laundering grey list” of the Financial Action Task Force (FATF) recently was an absolute necessity for Cambodia’s financial sector. They said it may bring added benefits with it as it could give more confidence to investors and thereby attract more foreign […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) vows to strengthen export promotion efforts by enabling micro, small and medium enterprises (MSMEs) to develop world-class products and implement other initiatives to showcase locally made products to the global market. In a statement, the DTI said its export promotion arm – the Center for […]
Read MorePETALING JAYA: Malaysia, the fifth largest economy in Asean, stands to benefit from the “China+One” strategy as global manufacturers trim their dependence on China. Noting that the strategy is being pursued by “every multinational corporation”, CGS-CIMB Research said this will lead to the reconfiguration of supply chains. This in turn will provide trade and investment […]
Read MoreThe Vietnam Chamber of Commerce and Industry (VCCI) has recently proposed business tax duties should be postponed for 6 months for the year 2023. HÀ NỘI — The Vietnam Chamber of Commerce and Industry (VCCI) has recently proposed business tax duties should be postponed for six months for the year 2023. The chamber said under the […]
Read MoreMany countries in Asia recently announced giveaway campaigns to bolster their tourism industry, aiming to drive post-pandemic economic growth. These include Hong Kong’s giveaway of 500,000 flight tickets to foreign visitors and Taiwan’s proposal to offer a cash incentive worth NT$5,000 (5,633 baht) per person. Japan and South Korea, perennial favourite destinations among Asian tourists, […]
Read MoreEconomists said only 13 out of 101 middle-income countries in the 60s managed to break through the middle-income trap by the end of 2008, demonstrating the challenging nature of sustainable economic growth. HÀ NỘI — As Việt Nam is about to join the group of upper-middle-income countries and pursuing the goal of becoming a developed […]
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Thailand
