Philippines: Govt moves to reduce trade barriers Friday, 8 July 2016 – THE government is taking steps to reduce bureaucratic measures and regulations—also known as non-tariff measures (NTMs)—that serve as barriers to Philippine trade.In a statement, Trade Undersecretary Nora K. Terrado said the Department of Trade and Industry (DTI) is now pushing for “legislative priorities” […]
Read MoreThailand: SCG posts 23% increase in Q1 profit Friday, 8 July 2016 – Asian cement and chemical producer SCG recorded a 23-percent increase in first-quarter profit year-on-year. The company attributed the rise to better performance of the chemicals business. It also said in a statement that it is committed to continue investing in the Asean […]
Read MoreLaos: Laos, Thailand intensify economic ties, amend MoU on labour cooperation Thursday, 7 July 2016 – A large number of Lao citizens flock to Thailand for job opportunities yearly; Thailand is creating conditions to regulate and legalise migrant workers in the country. Laos and Thailand have highlighted areas in which they will intensify economic cooperation […]
Read MoreLaos: Lao economy expected to slow further Thursday, 7 July 2016 – Declining demand for commodities and plunging rubber prices led to the slowdown of the economy. The economy in Laos is projected to grow at a rate of just 6.9 per cent this year which is lower than the government?s target set at 7.5 […]
Read MoreVietnam stocks fall on profit-taking WEDNESDAY, 6 JULY 2016 – Vietnam shares retreated on Wednesday after hitting an eight-year high in the previous session as investors booked profits.Activity across much of the region was subdued as most markets were closed for Eid al-Fitr.Broader Asian share markets turned tail as fears over instability in the European […]
Read MoreVietnam, Philippines With Strongest Growth Prospects SATURDAY, 2 JULY 2016 – The World Bank projects that Vietnam and the Philippines will grow strongest among large developing economies in East Asia over the coming years. In the Philippines, growth is projected at 6.4 per cent in 2016, with an accelerated implementation of public-private partnership projects and […]
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