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CRF voices concern over EU rice tax on Cambodia

The president of the Cambodia Rice Federation (CRF) has expressed concern over an impending EU tariff on Cambodian rice imports, saying that it is factors within EU states that are harming European farmers most. “Difficulties faced by European farmers are largely due to the lack of collaboration between them, millers and traders,” CRF president Sok […]

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Jakarta, KL, Bangkok seen as export markets for fashion items

MANILA, Philippines — Southeast Asian cities like Jakarta, Kuala Lumpur and Bangkok present opportunities for Philippine exporters and retailers as consumers in these markets are willing to spend for fashion items, the Philippine Exporters Confederation Inc. (Philexport) said. Citing a survey conducted by the Hong Kong Trade Development Council (HKTDC), Philexport said the three markets […]

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Trade Department pushes 12 priorities for Asean chair

Twelve economic issues, including the conclusion of negotiations on the Regional Comprehensive Economic Partnership, have been proposed for consideration as Thailand readies itself to assume Asean’s chairmanship.  Thailand had announced “Advancing Partnership for Sustainability” as the theme for its chairmanship next year.  Oramon Sapthaweetham, director-general of the Trade Negotiation Department, said 12 economic issues have been […]

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Philippines: DOE mulls overhaul of outdated rules

MANILA, Philippines — The Department of Energy (DOE) is putting more teeth in reviewing and repealing outdated issuances and laws to help improve ease of doing business in the country. The agency issued a circular to review and revisit past and current issuances to identify burdensome and unnecessary law and rules. DOE has created a technical working […]

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Indonesia: E-payment platforms benefiting SMEs

Small and medium enterprises (SME) are providing a lucrative market for Indonesia’s blossoming online payment platforms, according to experts in the field. Harianto Gunawan, director of e-payment heavyweight OVO, said his company, which already had a foothold in the market, had an ambitious target of adding 100,000 micro-enterprises and SMEs into its network by year-end […]

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Malaysia: AmBank ramps up digital strategy

PETALING JAYA: Malaysia’s sixth largest banking group by assets, AmBank Group, plans to ramp up the digitalisation of its financial services as it looks to invest RM150mil over the next two years for its digital strategy. Group chief operations officer Datuk Iswaraan Suppiah said the RM150mil capital expenditure represented an increase of 50% as compared […]

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