The textile industry is seeking the government’s protection from high growth of imports as the sector could not compete in both domestic and international markets. According to data from Statistics Indonesia (BPS), export growth in the textile industry has been just 3 percent annually over the last 10 years, while import growth was 20 percent […]
Read MoreEncouraging the use of riel will help contribute to Cambodia’s economic growth despite low usage rates in the Kingdom’s economy, according to National Bank of Cambodia (NBC) deputy governor Neav Chanthana. According to a joint survey by NBC and the Japan International Cooperation Agency (Jica), the ratio of Cambodian riel in the income and expenditure […]
Read MoreTHE FINANCIAL services industry is undergoing a perfect storm of transformation caused by changes in the regulatory environment, intense competition from fintech startups and increased investments in digital tools by traditional players. Predicting the future is a tough task and in an industry that’s changing as fast as financial services, that’s even harder, but as […]
Read MoreMANILA, Philippines — The Bureau of Customs (BOC) said yesterday it has released new guidelines to facilitate the processing of electronic Certificates of Origin (e-CO), a move which is seen to ease trade regulations between the Philippines and other member-countries of the Association of Southeast Asian Nations (ASEAN). Customs commissioner Rey Leonardo Guerrero issued last March 18 a customs memorandum order […]
Read MoreThe Ministry of Foreign Affairs plans to launch an electronic visa (E-visa) service in June that will enable foreign visitors to apply for entry visas online. All international visitors to Laos will be eligible to apply online for a single entry visa with a planned maximum stay of 30 days, a senior official in charge […]
Read More[SINGAPORE] Cracks are showing in South-east Asia’s credit markets as struggling companies in troubled industries seek to repair their balance sheets, according to Rajah & Tann Singapore LLP, which manages the largest network of corporate lawyers in the region. The law firm, which has handled local units of Lehman Brothers Holdings and MF Global in their bankruptcy cases, said […]
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Thailand
