Cambodia and South Korea will finalise the second round of Cambodian Korean Free Trade Agreement (CKFTA) today as both nations look to diversify their trade portfolio. The four-day talks started on Aug 31 and were held virtually because of COVID-19 travel restrictions. Speaking about the negotiations this week, Ministry of Commerce spokesperson Seang Thay said: […]
Read MoreThe finance minister’s resignation will not affect investor confidence much as external factors outweigh domestic politics, says the Stock Exchange of Thailand (SET). Foreign investors are less interested in domestic politics than business strategies in dealing with the Covid-19 crisis and how a change in business models will fit with new norms for the economy, […]
Read MoreMANILA, Philippines — Term deposit yields rose across the board as cash-rich banks continued to park their excess funds in the liquidity absorption facility of the Bangko Sentral ng Pilipinas (BSP). BSP Deputy Governor Francisco Dakila Jr. said tenders at yesterday’s term deposit auction facility reached P502.1 billion, higher than the increased volume offering of […]
Read More[HANOI] Vietnam plans to restart international commercial flights to and from six Asian cities from mid-September, state media reported on Thursday, ending months of coronavirus-related suspension after easing some restrictions on foreign business travellers. The Civil Aviation Authority of Vietnam (CAAV) is proposing resuming flights to Guangzhou, Seoul, Vientiane, Phnom Penh, Taipei and Tokyo, which […]
Read MoreSINGAPORE – For the seventh consecutive year, Singapore has retained the top spot as Asia-Pacific’s most innovative nation in the latest Global Innovation Index. The annual index – released by the World Intellectual Property Organisation, Cornell University and Insead – ranks 131 economies according to their capacity for, and success in, innovation. The ranking is based […]
Read MoreMANILA, Philippines (UPDATE 2 1:34 p.m., Sept. 3) — The number of jobless Filipinos went down nationwide in July after lockdown measures were eased, but a disproportionate rise in unemployment in the key economic center of Metro Manila disrupted what could have been a broad recovery. A tenth of people in the labor force did not have a job […]
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