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Myanmar: Dawei SEZ to be developed in full

The Dawei Special Economic Zone (SEZ) will be developed in full to accelerate its completion after a five-year delay. The original plan was to develop the first phase of the SEZ, a spokesperson of the SEZ management committee said. A public forum was held in Dawei SEZ area for the purposes of sharing information and […]

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Cyber-risk may shave off $750bn in Asean

Asean is at growing risk of cyber-attacks, which could expose the region’s top-listed firms to a US$750 billion (23.9 trillion baht) erosion in current market capitalisation, according to research conducted by global management consulting firm A.T. Kearney, commissioned by Cisco. Gareth Pereira, A.T. Kearney principal of media and technology practice, said the growing strategic relevance […]

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Indonesia – New Rules: Imported Toys for Personal Collection Do Not Need SNI

TEMPO.CO, Jakarta – The Ministry of Industry, Ministry of Trade, Directorate General of Customs and Excise, also Indonesian Standardization Body have agreed on the exception provision of Indonesian national standard rules (SNI) about the imported toys. Director General of Small and Medium Industries (IKM) of the Ministry of Industry, Gati Wibawaningsih confirmed that the rule’s exclusion of […]

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Philippines: GDP seen to grow faster this 2018

MANILA, Philippines — The Philippine economy is expected to grow faster in 2018 due to the implementation of the tax reform law, which will pave the way for the rollout of infrastructure projects and translate to higher consumer spending, according to the Department of Finance (DOF). In a statement, Finance Secretary Carlos Dominguez said the […]

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Thailand: Executives aren’t prepared for Industry 4.0 revolution

Business executives and government agency leaders don’t feel ready for the coming fourth industrial revolution (Industry 4.0), says global accounting and consulting firm Deloitte. Industry 4.0 is characterised by the integration of physical and digital technologies, like analytics, artificial intelligence, cognitive computing and the Internet of Things. Leaders are not confident their organisations are ready […]

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