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Philippines: Government OKs tariff commitments under RCEP

MANILA, Philippines — The National Economic and Development Authority (NEDA) board has approved an executive order on the country’s tariff commitments for the mega trade deal, the Regional Comprehensive Economic Partnership (RCEP). It also approved the social protection floor (SPF) framework, which aims to institutionalize initiatives to help the most vulnerable groups. NEDA Secretary Arsenio […]

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More private capital required for Vietnam seaports

A downturn in exports may prompt the private sector to reevaluate its investment plans in the nation’s seaports, which are estimated to require over $13 billion by 2030. Two weeks ago, Gemalink deepwater seaport welcomed Spain’s M/V OOCL, a cargo vessel with capacity of over 24,100 TEUs, on its first voyage linking Asia and Europe. […]

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Cambodia: $1.8B spent on 3 new airport projects

Three companies spent more than $1.8 billion on their new airport projects in Cambodia till the end of the first quarter in 2023, according to the latest report from the State Secretariat of Civil Aviation (SSCA). The report pointed out while one company spent more than the budget, one nearly ran out of funds. Two […]

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Thailand: Platforms warned against collusive pricing

The Office of Trade Competition Commission (OTCC) has warned online shopping platforms about the risk of participating in collusive pricing behaviour. According to Visanu Vongsinsirikul, secretary-general of the OTCC, his office sent a letter to online shopping platform operators on April 12 in order to caution them to be wary and avoid collusive pricing behaviour. Specifically, […]

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