The government’s support for the realisation of Asia-Europe connectivity has been confirmed at a meeting of foreign ministers from the two continents in the belief it will help transform Laos from being landlocked to land-linked. Minister of Foreign Affairs Saleumxay Kommasith made the confirmation while addressing the 13th ASEM Foreign Ministers Meeting held in Nay […]
Read MoreThe Philippine printing industry can take advantage of the Association of Southeast Asian Nations (Asean) economic integration with the regional bloc’s members now looking at more trade in this field, thanks to lower tariffs, capital restrictions, and entry barriers in the region, a Board of Investments (BOI) official said on Tuesday. “Within Asean, we have […]
Read MoreTrade value between Thailand and China has risen 12.5% so far this year thanks to the Asean-China free trade agreement (FTA) that helped slash import tariffs and trade barriers and boost exports, says the Commerce Ministry’s Department of Trade Negotiations (DTN). Auramon Supthaweethum, a deputy director-general of the DTN, said trade value between Thailand and […]
Read MoreKUALA LUMPUR: Bank Negara Malaysia’s international reserves amounted to US$101.5bil (RM429bil) as at Nov 15, unchanged from the amount recorded on Oct 31. “The reserves position is sufficient to finance 7.5 months of retained imports and is 1.1 times the short-term external debt,” BNM said in statement. The main components of the international reserves were […]
Read MorePHNOM PENH: Cambodia’s economy is forecast to grow 6.9% next year, compared with a projected 6.8% pace in 2017, despite risks including uncertainties over next year’s election, the World Bank said on Wednesday. Cambodia’s political turbulence has had little impact on economic growth, which has hovered around 7% for the past six years. The World […]
Read MoreKUALA LUMPUR: Malaysia has begun work on a regulatory structure for digital currencies such as bitcoin, its central bank governor said on Wednesday. The framework is aimed at further securing Malaysia against money-laundering and terrorism financing. Bank governor Muhammad Ibrahim told a counter-terrorism financing summit that from next year those converting crypto currencies into conventional […]
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Thailand
