Authorities have acknowledged that Lao people continue to favor agricultural products imported from neighboring countries over home-grown produce. According to a report by Lao Post, Lao consumers remain in favor of some fruit and vegetables imported from Thailand, Vietnam, and China. A belief persists among Lao consumers that the quality of imported products is higher than that […]
Read MoreOnline accounts trading on the Thai stock market nearly doubled last year in line with global trends, due to lower commissions and greater convenience as well as overall increased trading volume following the pandemic. According to data from the Stock Exchange of Thailand (SET), there were 11.4 million accounts trading online in 2020, or 34.4% […]
Read MoreJAKARTA (REUTERS) – Indonesia’s central bank on Friday (Jan 8) announced new regulations on payment systems to try to consolidate existing rules, with new requirements on share ownership and capital that could impact firms providing payment services and infrastructure. Filianingsih Hendarta, the head of Bank Indonesia’s payment systems department, said the new regulation, which takes […]
Read MoreAll imports of farmed fish from neighbouring countries have been temporarily banned in efforts to promote locally farmed fish in the Kingdom, said Ministry of Agriculture, Forestry, and Fisheries recently. The temporary ban is following a meeting held at the ministry on January 8 together with Cambodian Aquaculture Association representatives, fish vendors, importers and exporters. […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index contracted 2.2% in November 2020 as compared to the same month in 2019, despite a 0.2% median growth forecast by a survey of Bloomberg economists. The Department of Statistics Malaysia said in a statement that the country’s mining index fell 15.4% while the electricity index dropped 2.5%. The contraction […]
Read MoreMANILA, Philippines — Compliance with mandatory credits to agriculture and agrarian (agri-agra) reform, as well as anti-money laundering continue to be the most challenging areas for banks and financial institutions, according to the Bangko Sentral ng Pilipinas (BSP). The BSP said most banking groups’ difficulty with Republic Act 10000 or the Agri-Agra Reform Credit Act […]
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