Hopes of signing the world’s largest free trade pact at a regional summit in Bangkok have been thrown into doubt after objections from India. China, hurt by its trade war with the US, is keen to see the deal finalised. UN Secretary-General Antonio Guterres, Thai Prime Minister Prayut Chan-o-cha, Brunei’s Sultan Hassanal Bolkiah and Cambodian […]
Read MoreThe Hanoitimes – The 16-nation trade deal, which includes major economies such as India and China, would make up nearly 50% of the world’s population, about 30% of global GDP and 28% of total trade turnover. The world’s biggest trade deal Regional Comprehensive Economic Partnership (RCEP) would likely be signed in 2020 in Vietnam, according to […]
Read MoreDeveloping countries in Asia and the Pacific will need to collectively find $1.5 trillion per year until 2030 to finance sorely needed infrastructure developments. That’s the message from the Asian Development Bank (ADB) which yesterday released a new book entitled ‘Infrastructure Financing in Asia.’ The book, edited by ADB’s vice president for knowledge management and […]
Read MoreMore than 1,000 business leader, high-level government officials and representatives of private sectors as well as academics and members of civil society from across the region are expected to attend the ASEAN Business and Investment Summit (ABIS) to be held in Bangkok on November 2-3. The summit, which is ASEAN’s premier annual business and investment […]
Read MoreMALAYSIA’S agricultural sector received a boost in June, after the country started shipping whole frozen durian to China. With the upgrade protocol of the free trade area between China and the Association of Southeast Asian Nations (Asean), Malaysian officials are confident that Malaysia will have greater access to the Chinese market. Trade between Malaysia and […]
Read MoreSoutheast Asia’s largest e-commerce site, Lazada, aims to improve the region’s logistics and digital payments infrastructure as it prepares for its 11.11 megasale. “We need to address the challenges of Southeast Asia,” said Pierre Poignant, chief executive of Lazada Group. “We have an inefficient logistics industry, a very low penetration for online payments and a […]
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Thailand
