PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) said the recent signing of the Regional Comprehensive Economic Partnership (RCEP) will help attract foreign companies keen on entering into an integrated Asean market. This is because the agreement would enhance transparency in trade and investment and would lower trade barriers, it said in a statement. “The […]
Read MoreSINGAPORE logistics firm YCH Group is joining forces with VIetnam’s T&T Group to lead the first project of the Asean Smart Logistics Network (ASLN). The ASLN is a new collaborative platform with a shared goal of smart and sustainable growth based on smart logistics infrastructure. Its aim is to support the Asean Connectivity Master Plan […]
Read MoreFifteen nations in the Asia-Pacific, including Thailand, yesterday signed the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world’s biggest free trade deal, as they concluded the 37th Asean Summit and related summits held virtually from Nov 12-15. The RCEP is a proposed free-trade agreement (FTA) between the 10 member states of Asean and six […]
Read MoreVietnamese Prime Minister Nguyen Xuan Phuc and Singaporean Prime Minister Lee Hsien Loong launched the ASEAN Smart Logistics Network on Saturday. The Vinh Phuc inland container depot and logistics centre was granted an investment licence the same day. The project, located in the northern province of Vinh Phuc, has been developed by Vietnam’s T&T Group […]
Read MoreThe Asian Development Bank (ADB) has approved US$483.8 million loans to construct a 64-kilometre long new expressway connecting Kyaikto township in Mon state and Bago region. It is aimed at supporting the development along the Greater Mekong Sub-region (GMS) east-west economic corridor. “The Second GMS Highway Upgrading Project will help the government build the four-lane, […]
Read More10 ASEAN member states are on the cusp of a tremendous leap forward in socio-economic progress and their growth will be propelled by four mega-forces, including favourable demographics, rising income levels, geopolitical shifts and digital tailwinds. The World Economic Forum (WEF) has identified rising income levels to be a driving force for the future of consumption in […]
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Thailand
