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Vietnam gov’t promises to ease cost pressure on businesses

Vietnam’s government acknowledges the tremendous financial pressure building up on local and foreign businesses operating in the country, and is therefore committed to working to lift these burdens off the firms’ shoulders. Vietnam’s government acknowledges the tremendous financial pressure building up on local and foreign businesses operating in the country, and is therefore committed to […]

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Indonesia: Investments in Logistics Increase Despite Declining Financing

TEMPO.CO, Jakarta – The decline in the logistic sector financing appears to have insignificant impacts on investments in infrastructure projects. Indonesian Forwarder and Logistics Association (ALFI) chairman Yukki Nugrahawan Hanafi said that there is actually an increase in the realization of infrastructure developments. “The optimization of and investment in the e-logistics sector are improving,” Yukki said as […]

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Philippine economy slows in Q1, but outlook good

MANILA — The Philippine economy grew at its slowest pace in more than a year in the first quarter, but resilient exports and strong consumer spending are likely to keep momentum buoyant this year. The pace was the weakest for the Southeast Asian economy since the last quarter of 2015, but the government said the […]

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Myanmar: Foreign firms allowed to import agricultural, medical and construction materials

The import of seeds, fertilisers, hospital equipment and building materials by foreign businesses will soon be permitted for the first time, U Khin Maung Lwin, assistant secretary from Ministry of Commerce, told The Myanmar Times. Procedures to permit non-Myanmar firms to trade agricultural products and building materials have been ongoing, and negotiations with related ministries are […]

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