HANOI – Commercial banks will be allowed to trade and provide foreign exchange services related to the casino business from next month. This information was stated under Circular No10/2017/TT-NHNN on the management of foreign exchange for the casino business, which will come into effect from October 15 this year. Casino business is a conditional business […]
Read MoreThailand’s top business group is keeping this year’s export forecast at 3.5-4% as it remains cautious over a number of downside risks. Predee: Some factors still need monitoring The group is set to review the forecast at the next meeting in October. “Although there’s a greater chance that exports might register higher-than-expected value this year, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia Governor Agus Martowardojo said that deflation and low core inflation do not necessarily indicate weak consumer spending. On the contrary, he said, they reflect the government’s success in controlling price. “Core inflation does not represent weak consumer spending,” he said yesterday at the Presidential Palace. The Central Statistics Agency (BPS) reports that […]
Read MoreForeign Affairs Minister Prak Sokhonn yesterday met his Lao counterpart Saleumxay Kommasith to discuss how to resolve remaining issues along the border between the two countries. The talks came four days after Prime Minister Hun Sen and Lao Prime Minister Thongloun Sisoulith met on the matter and agreed on four points to resolve disputes along […]
Read MoreHANOI — The Global Alliance for Trade Facilitation (GATF) will help Vietnam to establish a customs bond system – part of the country’s efforts to modernise and reform administrative procedures relating to import and export. The GATF and the Vietnam Private Sector Forum (VPSF) launched their joing project on customs bond last Friday, aimed at […]
Read MoreCambodia and Laos have agreed to create a joint committee to solve a long-running border dispute between the two countries, officials announced yesterday. Cambodian Foreign Affairs Minister Prak Sokhonn and his Laotian counterpart Saleumxay Kommasith made the announcement at a press conference at the Ministry of Foreign Affairs after two days of meetings. According to […]
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