Furniture exports have reached US$1.4 billion in the first 10 months of the year , 4.83 percent higher than the $1.33 billion earned in the same period last year, says the Industry Ministry. The ministry’s small and medium manufacturer director general, Gati Wibawaningsih, attributed the export increase to a number of activities organized by the ministry, including training for workers, […]
Read MoreThe Hanoitimes – The government will intensify inspections over not only all SOEs and state-funded projects, but also over the heads of these enterprises about how they have obeyed state regulations about privatization and divestment. The pace of the country’s state-owned enterprises (SOEs) privatization has remained languid this year despite the government’s efforts, preventing foreign investors […]
Read MoreMANILA, Philippines — Countries bordering on the seas of East Asia have issued a joint declaration reaffirming their commitment towards the conservation and sustainable development of coastal and marine resources in the region. Environment ministers and heads of delegation of Cambodia, China, Indonesia, Japan, Laos, North Korea, Singapore, South Korea, Timor-Leste, Vietnam and the Philippines […]
Read MoreProperty developers are hastily preparing strategies to cope with the Bank of Thailand’s new requirements on mortgage lending, as the measures will have an impact on some homebuyer segments next year. Peerapong Jaroon-ek, chief executive of SET-listed developer Origin Property Plc, said the new requirements will directly affect the speculation market and buyers of second and subsequent […]
Read MoreThe Institute for Development of Economics and Finance (Indef) has underlined three major economic issues the government should address in 2019 – the current account deficit, low-quality human resources and heavy dependency on natural resources for export. Indef economist Bhima Yudhistira Adhinegara said the government needed to narrow the current account deficit to US$8.8 billion or 3.37 percent to the […]
Read MoreVIENTIANE TIMES/ANN: Laos and Russia have agreed to continue broadening their cooperation in trade, economic, scientific and technical affairs. The 14th session of the Joint Laos-Russia Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation took place in Vientiane between November 26 and 27. During the session, the two parties reviewed the cooperation between Laos […]
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