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Asean members reaffirm 90% tariff cuts under RCEP

Asean members are holding to their vow to cut import tariffs on 90% of products, amounting to 5,000-6,000 items under the Regional Comprehensive Economic Partnership (RCEP), over the next 15 years. They also plan to push for the conclusion of negotiations this year. According to Commerce Minister Apiradi Tantraporn, who just returned from the 23rd […]

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Thailand: Business registration ticks upward

New business registrations rose 3% in February, driven by the economic recovery, state stimulus measures and higher private investment. According to Banjongjitt Angsusingh, director-general of the Business Development Department, the number of new business registration totalled 5,700, with combined registered capital of 26.98 billion baht. “Higher registration came in line with the country’s economic recovery […]

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Malaysia’s IPI up 3.5 per cent in January

KUALA LUMPUR (Bernama) – Malaysia’s Industrial Production Index (IPI) grew moderately by 3.5 per cent in January 2017, compared to the same month of last year. In a statement yesterday, the Statistics Department said the expansion was supported by positive growth in all indices, namely manufacturing (4.6 per cent), mining (1.1 per cent) and electricity […]

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Laos: Govt toughens up on foreign worker registration

The labour and security sectors are gearing up to register and issue temporary work permits to foreign workers as part of government efforts to strictly regulate foreign nationals. According to a report from the Ministry of Labour and Social Welfare, some 24,000 foreign workers were registered over the last year, mostly Vietnamese, Chinese and Thai […]

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Hanoi, Vientiane step up cooperation

VOV.VN – On March 13, Secretary of the Party Committee and Governor of Laos’ Vientiane capital Sinlavong Khoutphaythoun received visiting Vice Chairman of the Hanoi People’s Committee Nguyen The Hung in Vientiane. Sinlavong Khoutphaythoun thanked Hanoi for its support for his city’s infrastructure and human resources development while praising the result- oriented cooperation over recent years. For […]

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