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Indonesia: Sea Toll Road Expected to Reduce Malaysian Products

TEMPO.CO, Jakarta – The government of Nunukan Regency, North Kalimantan, hopes that the distribution of basic necessities via the sea toll program will reduce Malaysian products in the region. “We hope that the distribution of staple foods through the sea toll program will reduce Malaysian products in Nunukan Regency,” Herry Ageng Santoso, head of foreign […]

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Thailand: Berli Jucker keeps Big C delist plan

Berli Jucker Plc’s (BJC) plan to delist Big C Supercenter Plc from the Stock Exchange of Thailand is aimed at increasing retail competitiveness and speeding up expansion in both domestic and international markets. Analysts say Big C can delist because its major shareholder BJC, with a 97.94% stake, has a strong financial position. BJC is […]

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Cambodia’s openness helps it connect with Asean

KT: How good is connectivity within Asean and the world? Dato’ Sri Mustapha: Southeast Asia’s ambitious plans to boost region-wide economic integration – and consolidate its position as a key transport, communication and tourism hub – hinge largely on forging stronger transport, regulatory and people-to-people links among the ten members of Asean. Connectivity here focuses […]

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Philippines economy expands faster in Q1 – Moody’s

MANILA, Philippines – The economy grew at a faster rate of 6.9 percent in the first quarter, fueled by rapidly increasing private investment and consumption, according to Moody’s Analytics. In its latest Asia Economic Preview, the economic research and analysis arm of Moody’s Corp. said the first quarter gross domestic product (GDP) growth was faster […]

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