Britain and Thailand are committed to moving ahead with a bilateral free-trade pact and have agreed to set up a joint committee to work out the details. Deputy Prime Minister Somkid Jatusripitak, who last Friday met Alok Sharma, Britain’s minister for Asia and the Pacific, said the two countries proposed speeding up trade talks and […]
Read MoreThe Greater Mekong Subregion has become a magnet for manufacturing FDI while bucking a global slowdown in trade. The Post’s Kali Kotoski sat down with Eugenia Victorino, South and Southeast Asia economist for ANZ, to talk about the region’s long-term economic outlook. What potential for growth do you see in the Greater Mekong Subregion (GMS)? […]
Read MorePeople are migrating to cities in big numbers, creating a growing consumer class, big opportunities for investors and more challenges for the government. Vietnam has made steady progress since the beginning of the Doi Moi reforms in 1986, and while the Communist government has yet to fully embrace capitalism, the country’s young and growing middle […]
Read MoreTEMPO.CO, Jakarta – Chief of Legal, Organization and Public Relation Division of the National Standardization Agency Nudi Rahardjo said that the Agency will accelerate the implementation of standardization principles for micro, small and medium enterprises (UKM) this year. “The target is that 90 percent of small-medium enterprises can get the Indonesia National Standard [SNI] this year,” […]
Read MoreTEMPO.CO, Jakarta – The Directorate General of Customs and Excise has decided to facilitate capital goods and raw material imports for small-medium enterprises (SMEs). The initiative is expected to reduce production costs and at the same time, increase cash flow. The new regulation is also hoped to improve businesses activities in the domestic and international market. […]
Read MoreBlockchain technology is headed for widespread adoption in Thailand within two years, necessitating legal amendments to support its use, say academics and technology experts. Blockchain underlies Bitcoin and other cryptocurrencies. The blockchain format is a decentralised ledger system that requires “decentralised approval” from the nodes and participants in the system, as opposed to the current […]
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