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Cambodia: Dialogue on new consumer protection law

Corporate leaders and senior officials attended the second Stakeholder Dialogue on Consumer Protection yesterday. The Kingdom drafted its Law on Consumer Protection in 2019 to comply with the Consumer Protection in ASEAN project, which aims to increase competitiveness in the region. The new law is designed to protect customers, ensure trade is fair and competitive […]

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Malaysia’s exports hits record RM95.7b in December

KUALA LUMPUR: Malaysia recorded the highest exports of RM95.7bil in December, supported by both, re-exports and domestic exports, the Statistics Department said. In its statement on Friday, it said the exports in December 2020 were 10% higher from a year ago and exceeded the 6.6% rise forecast by analysts surveyed by Reuters. It was also […]

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Vietnam maritime authority to inspect hike in freight fees, charges and surcharges

The Hanoitimes – The local authorities have taken measures to remove difficulties for import and export activities. The Vietnam Maritime Administration has requested the Ministries of Transportation, Industry and Trade, and Finance to launch an investigation into the rise in freight rates surcharge of shipping lines to Europe and the US. The request was made following […]

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Cambodia balks at World Bank loan interest rate hike

In view of the World Bank’s decision to increase interest rates from 0.7 percent to 2.8 percent the Cambodian government has decided to temporarily suspend lending from the international institution. Permanent Secretary of State of the Ministry of Finance and Economics Vongsey said, “This is unacceptable…and has forced us to decide to temporarily stop borrowing […]

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