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Cambodia: Commerce Ministry addresses exports, fees

Commerce Minister Pan Sorasak said yesterday the government will take action to boost the export of processed products and facilitate trade in the kingdom. He made the comments at a working group meeting with Van Sou Ieng, president of the Garment Manufacturers Association in Cambodia (GMAC). “The ministry will review and revise its procedures on […]

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Singapore eyes new drivers of economic growth

SINGAPORE – A key Singapore advisory panel on Thursday proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3%, mainly centred on trade partnerships, deepening the workforce’s tech skills and digitalising the economy. It also recommended a review of Singapore’s tax system so that it remains pro-growth and competitive, while also “broad-based, progressive […]

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Philippines: BSP keeps rates steady

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) yesterday kept its monetary policy unchanged, as expected, despite the growing upward pressure on inflation as well as the challenging global economic environment. BSP officer-in-charge Nestor Espenilla Jr. said the central bank’s Monetary Board had decided to maintain policy rates at 3.5 percent for the overnight […]

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Malaysia: Outlook of medical tourism expected to be positive

KUALA LUMPUR: The outlook of Malaysia’s medical tourism industry is expected to be positive in the long term with the burgeoning demand for healthcare services, both domestic and international, coming from especially an increasingly affluent and ageing population, due to reasonable pricing. Malaysian Industrial Development Finance (MIDF) Research Equity Analyst, Athila Razali, said most treatments, […]

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Thai-Cambodian border trade up in January

SA KAEO – Border trade between Thailand and Cambodia through the eastern province rose by 12.71% month-on-month in January, with a 3.34% decline in Thai exports to the neighbouring country and an 89.48% increase in imports. The value of trade through the Aranyaprathet checkpoint amounted to 6.45 billion baht, increasing by 727 million baht or […]

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