The parliaments of Cambodia, Laos, Myanmar and Vietnam (CLMV) shared experiences in monitoring and managing State budget and public investment during a conference in Phnom Penh on Monday. Addressing delegates at the launch of the conference, Cambodian National Assembly (NA) leader Heng Samrin said the event was an opportunity for the legislative bodies of the […]
Read MoreCanada’s two biggest pension funds have agreed to partner with Logos, a real estate logistics operator, to invest in warehouses in Singapore and Indonesia, betting on demand from the rise of e-commerce and a burgeoning middle class in South-East Asia. Canada Pension Plan Investment Board (CPPIB), the top pension fund of the country, said in […]
Read MoreAsean 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 […]
Read MoreMANILA: Asean and the European Union agreed on Friday to work toward resuming stalled free trade agreement talks and counter a trend toward protectionism. In a joint statement, economic ministers of Asean and European Trade Commissioner Cecilia Malmstrom said the global economic outlook had improved. But they expressed caution over uncertainties arising from “growing protectionist […]
Read MoreMANILA, Philippines – Trade ministers from the 10 member countries of the Association of Southeast Asian Nations (ASEAN) are meeting in Manila to map out plans on how to further strengthen partnerships in the region. Increasing trade and investment, integrating micro, small and medium enterprises (MSMEs) in the global value chains and developing an innovation-driven […]
Read MoreKasikornbank (KBank) has launched a cross-border fund transfer service for 13 Asian currencies, bilaterally, expecting to help customers save around 12 billion baht on foreign exchange this year. Yesterday KBank claimed it is the first Thai bank to have a transfer service for the 10 Asean currencies and the yuan, yen and won, or the […]
Read More
Thailand
