The Business Competition Supervisory Commission (KPPU) is calling on the government, particularly the Transportation Ministry, not to intervene in airfares, but let airplane ticket prices be determined by market mechanisms. “When the government calls for lower airfares, it should base them on market mechanisms. There should be no pressure,” said KPPU commissioner Guntur Saragih in […]
Read MoreCambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have been set twice per month by the ministry between January […]
Read MoreThe Hanoitimes – CP Foods will invest more than US$200 million to create an export hub for its poultry and pork business, which is equal to more than 25% of the total invested by Thai companies between 2015 and 2017. With eyes on Vietnam’s access to a 11-nation trade bloc under the Comprehensive and Progressive Trans […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) yesterday stressed it has no power to manage supply and regulate the price of sugar amid claims made by Sugar Regulatory Administration (SRA) board members that the agency has failed to do its job. “Much as we would want to manage the supply and regulate the price of sugar to ensure […]
Read MoreThe Hanoitimes – Ongoing efforts to address corruption are welcome, said the IMF mission, urging improvements in public procurement, further strengthening of the system of income and asset declarations for public officials. Despite the trade tensions and financial volatility affecting emerging economies in 2018, the outlook for Vietnam’s economy remains sound, aided by its strong fundamentals, […]
Read MoreMyanmar’s GDP growth is expected to accelerate to 6.5 percent in 2019-20, supported by public investment leading up to the elections in 2020, after which growth is expected to expand to 6.6pc, according to the World Bank’s April 2019 East Asia and Pacific Economic Update, launched yesterday. However, the economy is projected to slow 6.2 […]
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Thailand
