The prolonged trade war between China and the United States has prompted at least two Chinese toy makers to relocate their assembly plants to Indonesia, the Indonesian Toy Makers Association (AMI) said on Sunday. AMI chairman Sutjiadi Lukas said two Chinese investors had expressed interest in constructing factories in Indonesia for assembling baby strollers and wooden toys. He […]
Read MoreThe Commerce Ministry plans to speed up the trade facilitation framework for Southeast Asia with Asean officials this week, focusing on a reduction in non-tariff measures in the region. Thailand is the Asean chair for 2019. The Asean Trade Facilitation Joint Consultative Committee will meet tomorrow and Thursday. Auramon Supthaweethum, director-general of the Trade Negotiations […]
Read MoreXieng Khuang provincial authorities have announced plans to approve all investment project proposals within two weeks without any delays. Provincial governor Bounton Chanthaphone told Vientiane Times recently that the province’s investment committee will no longer delay any investment projects that annoy private enterprises and make them retreat from the province. “If companies really want to […]
Read MoreAsia has seen an increasing divide between the pay of lower-level employees and senior managers, a study has found, with Singapore home to some of the largest increases recorded over 10 years. Organisational consulting firm Korn Ferry said on Monday (July 10) that its study of pay gaps found that Singapore experienced a pay gap […]
Read MoreThe Hanoitimes – As of present, only 35 out of 127 SOEs subject to privatization have completed the process. Vietnam Deputy Prime Minister Vuong Dinh Hue has urged government agencies to speed up the privatization process of state owned enterprises (SOEs), which has only completed 27.5% of the target for the 2016 – 2020 period. As […]
Read MoreCHIANG MAI: Thailand’s central bank sees no need to quickly adjust its monetary policy, despite expecting lower economic growth this year, the governor said yesterday. Monetary policy decisions will still depend on economic data, Bank of Thailand (BoT) governor Veerathai Santiprabhob told reporters in the northern city of Chiang Mai. “We don’t need to react […]
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