cam01
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Cambodia faces ‘negative impacts’ if EBA suspended

The European Chamber of Commerce in Cambodia (EuroCham) expressed its “serious concerns” on Monday over the “long-term negative impacts” of the EU removing the Kingdom’s access to the preferential Everything But Arms (EBA} agreement. It also expressed “hope that a dialogue can be implemented to better address” the bloc’s concerns and suggested “a different course […]

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indo01
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Indonesia: Ministry prepares two draft regulations on ride-hailing apps

The Transportation Ministry has prepared two draft regulations on ride-hailing apps after the previous regulations were annulled by the Supreme Court in September. “We just had a meeting with the transportation minister. I have prepared two draft ministerial regulations,” said the ministry’s land transportation Director General Budi Setiyadi in Jakarta on Monday as quoted by kompas.com. He explained the first draft regulation […]

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malay01
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Malaysia: MIER revises growth forecast down to 4.7%

KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) has revised downwards the country’s 2018 gross domestic product (GDP) growth forecast to 4.7% from an earlier 5.5%. Executive director professor Zakariah Abdul Rashid said the lower target was due to a moderation in global demand and over-reliance on private consumption, amid weakened investment activities to […]

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phil01
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Philippines: Higher fuel surcharge in air fares looms

MANILA, Philippines — Airline passengers could see even higher fares in the next two months should local airlines opt to increase the fuel surcharge. The Civil Aeronautics Board (CAB) said passenger fuel surcharge for domestic and international flights from Nov. 1 to Dec. 31 would increase to Level 4, which means additional cost of between […]

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