Hong Kong’s new chief executive will fly to ASEAN tomorrow, in her first official overseas visit as leader. Earlier, the city’s minister said that the ASEAN-HK Free Trade Agreement negotiations are expected to conclude by year-end, and that the city will pursue closer ties with ASEAN to echo China’s Belt and Road Initiative (BRI). Businesses […]
Read MorePrivate consumption rose slightly in June but private investmentcontracted from the previous month, central bank indexes showed on Monday, suggesting economic recovery remains patchy. The Bank of Thailand’s (BOT) private consumption index for June rose 0.2% from the previous month, when it increased 1.3%. The index for private investment declined 0.4% in June from May, when it had contracted 0.2%. The BOT said […]
Read MoreTravellers have been told to allow for at least three hours if they’re going from downtown Bangkok to Don Mueang airport by road as roadworks in the area get under way. The Highways Department plans to rebuild a ramp connecting the airport with the adjacent Vibhavadi Rangsit Road. The work is part of a project […]
Read MoreIndonesia and Thailand are embarking on what could be a long and tedious negotiation process to determine the border of the exclusive economic zones (EEZ) between the two countries in the Andaman Sea. But even before formal talks begin, both countries have to tune into the right mood for a friendly and fruitful negotiation in […]
Read MoreSouth Korea’s largest retailer, E-Mart, will set up its first flagship store in Cambodia by the first quarter of 2019 after the department store and hypermarket signed an agreement with the conglomerate Royal Group on Friday. E-Mart was established in 1993 and has expanded to 160 branches in South Korea, selling clothes, food and beverage […]
Read MoreCambodia signed a double taxation agreement (DTA) with Brunei aimed at preventing dual taxation and fiscal evasion, the Ministry of Economy and Finance said yesterday in a press release. This is the third DTA agreement that Cambodia has signed after Singapore and China, while the government is currently developing framework agreements for DTAs with Russia, […]
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