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Hong Kong-Asean trade deal a boon for Cambodia

A free trade agreement signed between Hong Kong and members of the Association of Southeast Asian Nations (Asean) stands to benefit the Kingdom by helping it diversify its export destinations, an economist said yesterday. The agreement, which was signed on Sunday in Manila, concludes nearly three years of talks and is expected to take effect […]

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Thailand: Retailers positive on spending

Central’s Tops Supermarket and The Mall Group’s Gourmet Market are depending on business expansion and New Year’s gift hampers to spur consumer spending. Executives of both retailers are confident consumer spending is rising, prompting the expansion. Phattaraporn Phenpraphat, vice-president for marketing and public relations at Central Food Retail Co (CFR), the operator of Tops Supermarket, […]

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Philippines moves up to 4th place in ASEAN FDI

MANILA, Philippines — The Philippines has moved up to the upper half of the 10-country Association Southeast Asian Nations (ASEAN) in attracting foreign direct investments (FDI) after settling at the bottom half and in the middle of the pack the previous years. The country emerged the fourth largest recipient of FDIs in the region in […]

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