Governors of the central banks of four Southeast Asian nations signed letters of intent on Friday outlining a framework for local-currency settlements. Governors of the central banks of four Southeast Asian nations signed letters of intent on Friday outlining a framework for local-currency settlements. At the Asean Finance Ministers and Central Bank Governors Meeting in […]
Read MoreSOUTH-EAST Asia should create an urban infrastructure network to help plug the gaps in development, a regional lender has suggested. Such a network – modelled on an existing plan for smart cities – was touted as possibly making municipal, procurement and other public sector leaders better placed to work with the private sector on bankable, […]
Read MoreThe 10 Asean member states plan to adopt the national single window system this year to facilitate regional customs payment and reduce trade barriers, says the Finance Ministry’s Fiscal Policy Office (FPO). Building up connectivity among Asean countries is being discussed by senior Asean officials, with the national single window used for imports and exports, said […]
Read MoreBANGKOK: The central banks of Thailand, Indonesia, Malaysia and the Philippines will chart out a framework this week to promote trade and investment in local currencies, in a latest move by emerging economies to trim exposure to volatile global markets. The four central banks will sign a letter of intent on a local currency settlement […]
Read MoreThe Transport Ministry has set out an ambitious plan to turn Thailand into the train assembly hub of Asean. Deputy Transport Minister Pailin Chuchottaworn said the ministry is in the process of holding talks with relevant agencies to support the setting up of a train assembly plant. He was speaking at the Rail Asia 2019 […]
Read MoreRENEWABLE energy sources can be just as – or even more – cost-competitive than conventionally generated power in South-east Asia, a study by the Asean-German Energy Programme has found. “With a few years of development, solar PV (photo-voltaic) could potentially compete with conventional energy sources, especially if it was assumed that the prices of the […]
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