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Singapore, Myanmar to explore more tie-ups for firms in areas like urban solutions, transport & logistics

SINGAPORE – International Enterprise (IE) Singapore signed a memorandum of understanding (MOU) with the Myanmar Investment Commission (MIC) on Thursday (June 8) that will open doors for more Singapore companies to explore collaboration in urban and housing solutions, utilities, transport and logistics, manufacturing, oil and gas and professional services. The MOU was signed by IE […]

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Cambodia: Dollar use hurting national economy

Dollarisation in Cambodia’s economy remains very high, leading to increased local costs and reducing the appeal of the Kingdom’s exports, Chea Serey, director general of the National Bank of Cambodia (NBC), said at a business conference in Phnom Penh yesterday. The majority of transactions in Cambodia, between 82 to 84 percent of them, are still […]

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Cambodia: Consumer protection law still in draft stage

The Ministry of Commerce and other relevant ministries will meet later this month to review progress on the country’s first consumer protection law and formulate a plan to complete the draft legislation, a ministry official said yesterday. The long-awaited legislation aims to level the playing field for businesses and protect consumers by reducing unethical and […]

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Bank Indonesia: Govt Has Done A Good Job in Controlling Inflation

TEMPO.CO, Jakarta –  The Governor of Bank Indonesia Agus Martowardojo said that the government has done a good job in controlling inflation this year. “I see major improvements,” he said when accompanying Trade Minister Enggartiasto Lukita inspecting the affordable market program in Jakarta yesterday. Aside from central and local inflation control teams, Agus also highlighted […]

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Philippines: Inflation eases to 3.1% in May

MANILA, Philippines – Inflation eased to a four-month low of 3.1 percent in May from 3.4 percent in April amid slower price adjustments in both food and non-food commodities, the Philippine Statistics Authority (PSA) reported yesterday. Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said the latest inflation figure was within the central bank’s […]

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Laos: Top Thai Brands 2017 Opens in Vientiane

(KPL) Over 300 booths from Thailand have brought their products to display and sell at the Top Thai Brands 2017 trade fair held at the ITECC Mall (old building) in Vientiane Capital from June 7-11. The Department of International Trade Promotion has been working in close cooperation with three main business associations: the Thai Chamber […]

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