The decision by the Garment Manufacturers Association of Cambodia (GMAC) to file a lawsuit against the European Commission (EC) has reignited the ongoing struggle between Cambodia and the European Union (EU) to promote bilateral trade and uphold a political agenda. The lawsuit was filed despite the industry stating, because of the current economic climate of […]
Read MoreTrade promotion activities have helped Vietnam to not only reach export surpluses throughout most of the last decade but also extend its reach towards 12 times the amount of countries and territories in 2000. Vu Ba Phu, director general of the Trade Promotion Agency under the Ministry of Industry and Trade, discussed current bottlenecks that […]
Read MoreAs the Government is focusing on accelerating the privatisation and divestment of State-owned enterprises (SOEs), attracting foreign investment is important to the success of the progress, according to the Committee for Management of State Capital at Enterprises (CMSC). CMSC and the Ministry of Foreign Affairs have organised a conference with heads of Vietnamese missions overseas […]
Read MoreA Fitch Group unit has raised its forecast for the Philippines’ budget deficit this year as the coronavirus disease 2019 (Covid-19) pandemic continues to affect government revenues. In a report on Thursday, Fitch Solutions said it expected the government to post a fiscal shortfall of 9.3 percent of the country’s gross domestic product (GDP) in […]
Read MoreThe majority of small businesses might have to shut down within six months, as the restrictions aimed at containing COVID-19 are bringing the Indonesian economy to a standstill and destroying their revenues, according to a survey by the United Nations Industrial Development Organization (UNIDO). Some 60 percent of small businesses might only survive six months […]
Read MoreKey business operators in the Eastern Economic Corridor (EEC) want the government to eliminate weak points in infrastructure development and investment incentive programmes during the recession to lure more foreign investment. The global slowdown is an opportune time for authorities to solve water, land and investment issues in the EEC before businesses return to normal […]
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Thailand
