PETALING JAYA: Malaysia has slipped two notches in the global competitiveness ranking this year after being overtaken by Spain and the United Arab Emirates (UAE), according to the latest survey by the World Economic Forum. In the recently published Global Competitiveness Report (GCR) 2019, Malaysia is ranked 27th out of 141 countries in terms of […]
Read MoreMANILA, Philippines — Money sent home by overseas Filipino workers rose in August, the Bangko Sentral ng Pilipinas reported Tuesday. Cash remittances coursed through banks went up 4.6% to $2.6 billion in August from $2.5 billion last year. The latest figure brought the eight-month tally to $19.8 billion, up 3.9% from $19.1 billion in the […]
Read MoreThe Hanoitimes – A big advantage was Vietnam’s absence of tariffs and its position as a “gateway” to ASEAN. Vietnam is a relatively unknown place to many foreigners, so they feel it must be difficult, but in fact, it is one of the easiest places to start a business in Southeast Asia, said Prakash Jhanwer, president, […]
Read MoreLaos has slipped down to a ranking of 113rd out of 141 surveyed countries in the annual Global Competitiveness Report 2019, while several neighboring countries, including Vietnam, climbed up on the list thanks to improvements in economic and business activities. The report, which is compiled by the World Economic Forum, contains the Global Competitiveness Index that […]
Read MoreThai property developer Ananda Development Public Co Ltd wants to expand into Myanmar and is now looking for suitable partners in the country, its officials told Myanmar journalists in Bangkok on October 9. The company will focus on urban projects in Myanmar and is now exploring the various avenues through which it can invest in […]
Read MoreMORE supply-chain shifts to Asean are being announced, and these are increasingly led by capacity additions rather than the use of existing capacity, said Citi economists Kit Wei Zheng and Ang Kai Wei in an Oct 15 report. They noted 29 announcements in the third quarter of 2019 and 24 in the second quarter, compared with […]
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