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China, Myanmar seek to smoothen border trade flows

Negotiations should be held to reduce delays in the flow of goods between China and Myanmar caused by limitations at the Muse Border Trade Area, says a senior Myanmar official. The delays if the flow of goods is caused by traffic congestions and limited goods inspection facilities and personnel at the trade area in northern […]

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Thailand: Four candidates submit governor applications

There are four candidates to replace outgoing governor Veerathai Santiprabhob as the Bank of Thailand’s 24th chief, says Rangsan Sriworasart, the selection committee chairman. Two are insiders at the central bank and two are outsiders, Mr Rangsan said without revealing any names. The committee will announce the applicants’ names tomorrow after the application period closed […]

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Cambodia: Phnom Penh construction investment hits $1.3 billion

Construction investment projects in Phnom Penh were recorded at more than $1.3 billion from January to May, officials said yesterday. Speaking at a news conference, Phnom Penh municipal Department of Land Management, Urban Planning, Construction and Cadastre Director Sarin Vanna  said while many sectors globally are facing a serious downturn in their fortunes because of […]

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Philippines: Ecozone investments drop 32% in 5 months

MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) declined 32 percent in the January to May period from a year ago due to the outbreak of the coronavirus disease 2019 or COVID-19. Data presented by PEZA director general Charito Plaza in an online press briefing yesterday showed the agency approved P29.54 […]

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