THE Monetary Authority of Singapore (MAS) sees a positive momentum in economic growth around the world, with global trade recovering, a more entrenched economic expansion in the US, recovery in domestic demand in the eurozone, and a steady growth path from China. It reiterated the expected 1-3 per cent growth in the Singapore economy this […]
Read MoreThe economy of Vientiane grew at an annualised rate of more than 10 percent over the past six months, yet the implementation of targets for making the capital an increasingly liveable city has seen slower progress, the city’s Mayor told councilors gathered in the capital. Vientiane Mayor Dr Sinlavong Khoutphaythoune reported on the achievements and […]
Read MoreDevelopers of Mandalay port will begin the construction work in November 2018, according to the Directorate of Water Resources and Improvement of River (DWIR). The port aims to facilitate trade along waterways, i.e. along the rivers, in Mandalay Region. This project is backed by the Japan International Cooperation Agency (JICA) and is expected to cost US$38 […]
Read MoreThe roles of the Ministry of Planning and Investment and Ministry of Finance have been clearly defined to deal with government debt repayments, a senior official has confirmed. The move is aimed to ensure debts are repaid in a transparent and accountable manner, minimising loopholes which could result in officials’ misappropriation. Deputy Minister of Planning […]
Read MoreThe private sector says local companies, particularly small and medium-sized enterprises, are likely to be hurt by the new Royal Decree on Recruitment of Foreigners, as the tighter law with massive fines for employers could cut SMEs’ competitive advantage at a time when the economy has yet to fully recover. Thai Chamber of Commerce (TCC) chairman […]
Read MoreMANILA, Philippines – The Philippines targets a huge leap in its ranking in the “Doing Business” report of the World Bank in three years as it plans to start automating government processes. Trade Secretary and National Competitiveness Council (NCC) chair Ramon Lopez said the country aims to move up within the top 20 global rankings in […]
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Thailand
