Cambodia’s GDP growth fell below the 7 percent mark for the first time since 2011 last year, signalling a need for the government to address the country’s low productivity and insufficient public infrastructure spending, according to a World Bank report released yesterday. Economic growth projections for 2016 fell to 6.9 percent, slightly lower than the […]
Read MoreHA NOI — The Government has pledged to take stronger measures to create a level playing field for businesses and to improve the competitiveness of local enterprises. Prime Minister Nguyen Xuan Phuc made the commitment after hearing recommendations from entrepreneurs and associations at a conference in Ha Noi yesterday. The conference themed “Siding with Business”, […]
Read MoreThe Thai Chamber of Commerce has vowed to upgrade 50,000 entrepreneurs to make them more innovative and add value to their business in line with the Thailand 4.0 initiative. The chamber also aims to raise revenue in the business sector by 20-30 billion baht over the next two years and increase GDP growth by 0.2 […]
Read MoreTotal foreign direct investment receipts have remained consistent over the past five years, according to a new government report that incorporates central bank data. FDI inflows have ranged from $1.5 billion to $2 billion a year between 2012 and 2015, according to the biannual Macroeconomic Outlook issued by the Ministry of Economy and Finance. Meanwhile, […]
Read MoreJAKARTA • Indonesian President Joko Widodo has signed a new regulation giving the tax authorities access to information on accounts held at financial institutions such as banks. The regulation was signed last week as part of Indonesia’s pledge to join the Automatic Exchange of Information (AEOI) initiative led by the Organisation for Economic Cooperation and […]
Read MoreHANOI (Reuters) – Japan and other remaining members of the Trans Pacific Partnership will this weekend decide how to revive the trade agreement ditched by US President Donald Trump. Their trade ministers will talk on the sidelines of an Asia-Pacific Economic Cooperation (Apec) meeting in Hanoi, Vietnam, where newly appointed US Trade Representative Robert Lighthizer […]
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