A container freight station built with aid from Japan was inaugurated recently at Cambodia’s Sihanoukville Port Special Economic Zone (SPSEZ). Its construction was financed by Japan’s Grant Aid for the Economic and Social Development Programme, which offered a grant of $4.6 million to Cambodia in response to a request by Phnom Penh in 2019. The […]
Read MorePETALING JAYA: The government is taking very seriously the task to improve the country’s ease of doing business perception and reputation among investors. This improved reputation would help the country more easily court and gain additional foreign direct investments (FDI) moving forward, which would then indirectly spillover to increased domestic direct investments (DDIs) as well. […]
Read MoreState budget collection from export-import activities reached VNĐ56.3 trillion (US$2.37 billion) in the first two months of 2023, or 13.3 per cent of the year’s plan, down 19.4 per cent year-on-year, according to data from the General Department of Customs. HCM CITY — State budget collection from export-import activities reached VNĐ56.3 trillion (US$2.37 billion) in the […]
Read MoreLGT Private Banking, an international private bank owned by the House of Liechtenstein, plans to continue growing business in Thailand over the longer term as it foresees greater opportunities here. LGT chairman Prince Max von und zu Liechtenstein said based on Bank of Thailand and Securities and Exchange Commission (SEC) regulations, the bank requires minimum assets […]
Read MoreMANILA, Philippines (Updated 10:53 a.m.) — The proportion of jobless Filipinos went up in January while job quality deteriorated as the sheen of temporary jobs offered by the holiday rush faded, adding to the problems of the Marcos Jr. administration already beseeched by brutal inflation. Results of a nationwide survey of 44,302 households showed there were 2.37 million […]
Read MoreHigh inflation pressures in many Asian countries including Laos are driving central banks to tighten monetary policy more quickly than expected, according to a new report by the Asian Development Bank (ADB). The Asian Economic Integration Report 2023 stated that tightening monetary policies to contain inflationary pressures in many advanced economies are affecting external demand […]
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