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Philippines fast-tracking RCEP ratification

MANILA, Philippines — The Philippines is doubling efforts to finish the ratification process within the year for the Regional Comprehensive Economic Partnership (RCEP) agreement, which is seen to provide benefits in terms of greater market access and higher economic growth for the country. “We consider RCEP to be a top priority and we are doubling […]

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Malaysia will continue to negotiate with Singapore on reopening of border, says foreign minister

KUALA LUMPUR, Sept 23 — The government will continue to negotiate with Singapore on the gradual reopening of the border which will depend on current health conditions, said Foreign Minister Datuk Saifuddin Abdullah. He said this included talks on the proposed daily cross-border movement known as the Daily Commuting Arrangement (DCA). Presently he said, Malaysia […]

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Cambodia’s economy forecasted to grow by 5.5 percent in 2022 despite gloom this year

Cambodia’s economy is forecast to experience a rebound of 5.5 percent in 2022 despite a modest reduced  1.9 percent growth is forecasted this year amid the prolonged coronavirus pandemic, according to the Asian Development Bank (ADB). “The protracted pandemic has hurt services and domestic demand,” said ADB Country Director for Cambodia Ms. Sunniya Durrani-Jamal. “Lockdowns […]

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