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Asian firms lead world in pursuing tech, sustainability

Businesses across Asia increasingly believe the strongest opportunities for future growth lie in technology, sustainability and developing talent to harness digital advancement, according to a new global survey by HSBC . While more than a third of Asian businesses are prioritising expansion into new markets, even more are turning their attention to improving productivity and […]

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Room for CLMVT trade growth: PM

THE CLMVT (Cambodia, Laos, Myanmar, Vietnam and Thailand) subregion is set for significant growth in internal cooperation and investment in the next decade, said Prime Minister Prayut Chan-o-cha along with trade officials from the five countries. To achieve that, the region’s private and public sectors must work together to enhance economic connectivity between the different […]

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Key chance for Asean

Cambodia, Laos, Myanmar, Vietnam and Thailand, or CLMVT, are being urged to expedite seamless connectivity and new value chain development to turn the challenges of the US-China trade war into opportunities. Speaking at the welcome dinner for the two-day CLMVT Forum 2019 in Bangkok on Sunday night, Kishore Mahbubani, senior adviser and public policy professor […]

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Asia’s largest retailer grapples with tight labour

TOKYO: Asia’s largest retailer is hoping that a US$280,000 annual salary and a managerial title in three years will lure top talent as it grapples with one of the tightest labour markets in Japanese history. The salary being considered by Uniqlo owner Fast Retailing Co would be more than three times the average pay at […]

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Many non-tariff barriers remain in Asean: report

WITHOUT a stronger focus on tackling non-tariff barriers, Asean will not accomplish the objectives of the Asean Economic Community (AEC) and will fail to meet the targets in the AEC Blueprint 2025, warns a June 22 report. Jointly commissioned by the European Union-Asean Business Council (EU-ABC) and the Asean Business Advisory Council (Asean BAC), the […]

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Private sector urges ASEAN to standardize regulations

BANGKOK, 23 June 2019 (NNT) – Representatives from the private sector in the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) held a business dialogue and resolved that ASEAN should adjust certain rules and regulations to be in line with international standards to facilitate trade in the region. The EU-ASEAN Business Dialogue […]

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