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Steady growth seen in Malaysian services sector

KUALA LUMPUR: Malaysia’s services sector grew at an annual growth rate of 7.2% to 818,311 establishments between 2010 and 2015, the Department of Statistics Malaysia revealed. According to the findings of the Economic Census 2016 for the services sector, sector income grew 8.3% per annum (p.a.) to RM2,004bil over the same five-year period, while value […]

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Cambodia: Thai trade MoU doesn’t need parliamentary OK

The memorandum of understanding (MoU) to encourage transborder trade between Thailand and Cambodia has been ruled exempt from Thai parliamentary approval by Thailand’s Constitutional Court. The MoU was initially scheduled to go into effect on November 13, but was postponed due to Thailand’s new customs laws. Bilateral trade between Cambodia and Thailand reached $5.6 billion […]

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Japanese flag interest in EEC

THAILAND has discussed with Japanese MPs and business people the possibility of a forum for the exchange of political ideas, Deputy Prime Minister Somkid Jatusripitak said yesterday.  The proposal coincides with several Japanese firms stating their interest in investing in Thailand, especially in the Eastern Economic Corridor (EEC), Somkid said after the discussions at Government […]

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