JAKARTA: Indonesia’s chief economic minister, Airlangga Hartarto, said on Wednesday the government plans to increase palm oil export levies to support expansion of its palm biodiesel programme. “The increase is currently being calculated, whether it will be a flat increase or progressive,” Hartarto told reporters. Further details on the plan are still being discussed, he […]
Read MoreThe Industrial Estate Authority of Thailand (IEAT) has teamed up with Asia Clean Industrial Park Co (ACIP) to develop a new industrial estate in Chon Buri to serve novel investment projects in the Eastern Economic Corridor (EEC). It is named Asia Clean Chon Buri Industrial Estate, located on a plot of 1,300 rai in Ban […]
Read MoreMANILA, Philippines — Despite being relatively insulated from the effects of the coronavirus disease 2019, (COVID-19), the Philippines will likely see slower economic growth in the first quarter of the year primarily due to the virus’ impact on tourism, London-based think tank Capital Economics said. In a new research brief titled “Assessing the impact so […]
Read MoreThe government is set to recruit international influencers to attract foreign tourists to Indonesia in the hopes of reinvigorating the tourism industry, which has been deflated by the deadly coronavirus outbreak. Tourism and Creative Economy Minister Wishnutama Kusubandio said the government, which gave his ministry a budget of Rp 72 billion (US$5.2 million) for promotional […]
Read MoreA study conducted by the Japan External Trade Organisation has found Cambodia to be among the least productive countries in Southeast Asia. The 2019 Survey of Business Conditions of Japanese Companies in Asia and Oceania released this week ranked Cambodia as the second least productive country in the region. Cambodia achieved a score of 70.7, […]
Read MoreThe government revealed 58 national development projects during the launch of its online project bank website yesterday. Announced last year, the Myanmar Project Bank is an interactive web-based platform designed to highlight investment projects in line with the implementation of the Myanmar Sustainable Development Plan (MSDP) for 2018-2030. It can be found on www.projectbank.gov.mm. The 58 […]
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Thailand
