Cambodia is gearing up for bilateral trade deals with partner countries after the partial removal of the EU’s trade preferential scheme, known as Everything but Arms (EBA), on Aug 12. Experts said the Kingdom should have rammed up efforts to negotiate free-trade agreements (FTAs) with other markets long ago to prevent the sudden loss of […]
Read MoreThe Federation of Thai Industries (FTI) is worried about a further economic blow if the latest political conflict escalates, warning Thailand cannot absorb more risk during the pandemic downturn. The warning was issued on Wednesday as anti-government protesters staged a rally on Ratchadamnoen Avenue, the same venue where pro-monarchy, yellow-clad supporters gathered to receive His […]
Read MoreKUALA LUMPUR: While businesses have started to recover with the gradual easing of the movement control order (MCO) since May, the recovery has been uneven, according to Bank Negara. It said the performance of Malaysian non-financial corporates (NFCs) deteriorated in the first half of 2020. Tourism-related and services industries were notably among the most impacted […]
Read MoreThe Bank of Thailand is assessing a move to relax regulations related to offshore market investment for individual investors to help manage foreign exchange amid excess capital across the world. The central bank has discussed with regulatory bodies relaxing conditions for foreign asset investment for local individual investors. The adjustment would provide more opportunities for […]
Read MoreThe $3.5 billion China-built Dara Sakor International Airport in Koh Kong province is scheduled to be operational in mid-2021, close to three years after work started, according to a report from the State Secretariat of Civil Aviation (SSCA). It will be able to handle long-haul aircraft such as Boeing 777s and the Airbus A340. During […]
Read MoreThe Hanoitimes – The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021. The International Monetary Fund (IMF) has revised down its forecast for Vietnam’s GDP growth to 1.6% in 2020 from a previous estimate of 2.7% in June. Vietnam, […]
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