Vietnam’s tourism industry is booming and is fast becoming the driving force behind economic growth – but it also faces calls for reform to keep up with high standards. The “smoke-free” industry has witnessed spectacular success in the past few years with higher growth rate every year. Last year, nearly 13 million foreign visitors […]
Read MorePETALING JAYA: Malaysia needs to accelerate the adoption of digital technology to spur economic growth and bring more benefits, especially as the pace of digitalisation picks up around the world “Malaysia must aspire to become a frontrunner on the digital front to fully unlock the economic benefits,” Bank Negara said. According to World Bank findings, […]
Read MoreThe Hanoitimes – Foreign investors spent VND810 billion (US$35.68 million) to buy 50 million shares of the Vietnam National Textile and Garment Group (Vinatex), aimed to seize opportunities from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Vietnam’s textile and garment. The purchase, which is equal to 10 percent of Vinatex’s charter capital, raised […]
Read MoreTEMPO.CO, Jakarta – Head of the Food and Drug Monitoring Agency (BPOM) Penny Lukito announced the list of 27 canned mackerel products that were tested positive to be tainted by parasitic worms. BPOM stated that the 27 brands consist of 138 batches of canned mackerels. “As many as 16 products were imported and 11 others are local brands,” said […]
Read MoreKUALA LUMPUR: The domestic economy and the income levels of Malaysians are being weighed down by the high numbers of low-wage foreign workers, according to Bank Negara. Governor Tan Sri Muhammad Ibrahim said the country should cut back on its foreign worker dependency to drive higher wages for Malaysians across-the-board. He also cautioned that Malaysia […]
Read MorePETALING JAYA: For Malaysia’s economy to move up the value chain, it needs to diversify into more complex industries. Bank Negara said that to enable this, the Government’s focus should be directed towards modernising and augmenting the supporting ecosystem of important industries. “The strategy should centre on four key pillars which are proven enablers of […]
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Thailand
