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Thailand: SEC en route to complete rule guillotine

The Securities and Exchange Commission (SEC) is scheduled to complete its regulatory guillotine plan by 2022, meant to cut redundant regulations and tighten bureaucratic processes. It is designated as a key project under the SEC’s 20-year strategic plan (2018-37). The regulatory guillotine is a review of existing laws and regulations with the objective of reducing […]

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Philippine economy shrinks 11.5% in Q3, easing from record

MANILA, Philippines (UPDATE 11:47 a.m., Nov. 10) — The Philippine economy slipped anew into negative territory in third quarter, but the collapse moderated from a record-breaking plunge the previous 3 months after lockdowns were relaxed, businesses reopened and people were allowed to go out. Gross domestic product (GDP) sank 11.5% year-on-year in July-September period, a reversal of […]

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Cambodia: New horticulture policy ‘a positive step’

The government is drafting a Cambodia horticulture policy for 2021-30 aimed at making it more competitive. Its objectives are broad in nature and comprehensively ambitious. Among the policy’s goals are moves to modernise production towards attaining year-round growing seasons and improvements in product quality, safety and price in order to achieve competitive parity or advantages […]

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Malaysia: IPI advanced 1% in September

KUALA LUMPUR: Malaysia’s industrial production index (IPI) rose by 1% in September from a year ago, which was below a Bloomberg survey of a 2.3% increase, due to a slowdown in mining and electricity. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic below) said yesterday the slight increase in the IPI in September was […]

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Thailand: Biden pegged as good for exports

Commerce Minister Jurin Laksanawisit expects Joe Biden’s victory in the US presidential election to benefit rather than harm Thailand’s exports, while ongoing trade spats between China and the US are likely to ease, boosting global trade sentiment. “The ministry expects the US under new leadership will have more relaxed measures, be it the Generalized System […]

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