MANILA, Philippines — The Organization for Economic Cooperation and Development (OECD) is recommending reforms, which include the delineation of regulatory and operational functions of the Philippine Ports Authority (PPA), amendment of the Public Service Act, and ensuring adequate compensation to the Philippine Postal Corp. (PHLPost) to improve the competitiveness of the logistics sector. In its […]
Read MoreMyanmar Investment Commission on its 1/2021 meeting approved 14 new investment proposals worth $295.279 million, estimated to create 4,371 jobs for local people. The investments including four investment expansions from existing ones are made in the solar power sector, livestock breeding sector, housing development sector, and service sector. The approved investments include four 40-megawatt solar […]
Read MoreXinhua – Malaysia’s trade with China registered positive growth in 2020 with record high exports as China continued to be Malaysia’s largest trading partner for the 12th consecutive year, said the Malaysian Ministry of International Trade and Industry. In announcing Malaysia’s trade performance in 2020, the ministry said China, which has remained as Malaysia’s largest export […]
Read MoreAs several countries have jump-started inoculation against Covid-19, hopes of re-energising the bruised travel industry are growing in tandem with millions of doses produced by pharmaceutical companies for global distribution. Questions abound about whether the much-needed vaccines are really a game-changer for international tourism. The future might be too opaque to forecast, particularly regarding the […]
Read MoreThe baht opened at 29.98 to the US dollar on Friday, strengthening from Thursday’s close of 30.01. The Thai currency is likely to move between 29.95 and 30.05 and in line with the dollar, Krungthai market strategist Poon Panichpibool said. On Thursday night, financial markets were in a risk-on state in response to the rise […]
Read MorePETALING JAYA: Malaysia’s external trade performance rebounded well at the end of last year, recording a trade surplus for the twenty-third year in a row, with 2020 having the biggest trade surplus during that period, says Senior Minister Datuk Seri Mohamed Azmin Ali (pic). The International Trade and Industry Minister said, despite major disruptions to […]
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