PETALING JAYA: Moody’s Investors Service says the government of Malaysia’s (A3 stable) credit profile reflects the country’s large and diversified economy with healthy medium-term growth prospects. It said the relatively high government debt was partly offset by a favourable debt structure and large domestic savings. “Malaysia’s real GDP growth should slow to 4.7% in 2019 […]
Read MoreMANILA, Philippines — The Philippines may impose stricter trade measures against Indonesia after the ASEAN neighboring country decided not to ease up on its protocols and open their market access. Agriculture Secretary Emmanuel Piñol said the trade negotiations between the two countries did not yield positive results for the Philippines last month. “It was not […]
Read MoreThe cabinet on Tuesday agreed to extend the waiver on the 2,000-baht visa-on-arrival fee for nationals of particular countries until the end of April to boost tourism, according to Tourism and Sports Minister Veerasak Kowsurat. The minister said the waiver for nationals of 20 countries, including China, was set to end on Sunday. The cabinet […]
Read MoreCambodia is prioritising the testing and implementation of the Asean Single Window, a system to streamline and digitalise export processes across Asean, according to a public official. The cargo clearance system is now being tested in the Kingdom, with the government hoping to make it fully functional in the near future, Ho Sivyong, director of […]
Read MoreThe new amendments to the law governing the extraction of gemstones in Myanmar are expected to offer relief for the gem industry in Mandalay. Industry insiders interviewed by Myanmar Times said they hope the market in Mandalay will bounce back this year after the Pyidaungsu Hluttaw on December 18 amended the tax rates and restrictions on the […]
Read MoreHANOI — The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Vietnam’s gross domestic product (GDP) by 1.3 per cent, according to an official from the Ministry of Planning and Investment (MPI). The number may amount to 2.1 per cent if there are more open policies for services, Tran Toan Thang, director […]
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Thailand
