The World Bank says Cambodia should diversify away from garment exports by further promoting shipments of electronic and vehicle parts and accessories to Japan. In its biannual update for Cambodia released Friday, the bank said Cambodia’s garment, footwear and travel goods exports grew only 7.5 percent in the three months to March, down from 17.7 […]
Read MoreMyanmar will exert more discipline and control over investors holding land earmarked for industrial zones under a new Industrial Zone Law passed by Parliament on May 27. Under the law, businesses which have received land plots targeted for industrial zones must submit a six-month project plan along with a date of completion to the authorities. […]
Read MoreThe Foreign Direct Investment (FDI) capital flows over the recent five months of 2020 only decreases compared to the same period last year but rises against the same period of the previous years. The COVID-19 pandemic has seriously affected foreign investment inflows that witnessed a year-on-year decrease of 17% to US$13.88 billion in the first five months […]
Read MoreThe government is being urged to fine-tune the country’s national strategy to keep abreast of changing social and economic trends caused by the global economic slowdown and the pandemic. According to Kalin Sarasin, chairman of Thai Chamber of Commerce, the chamber is helping to map out the country’s new strategy for the post-pandemic period and plans […]
Read MoreThe first phase of the National Information Technology (IT) Business Registration Platform will be launched in the second week of this month, according to a senior official of the Ministry of Economy and Finance. The IT Business Registration Platform will facilitate and encourage business registration for all companies, especially to support the companies that aim […]
Read MoreMANILA, Philippines — Local banks are expected to play a key role in the country’s post-coronavirus recovery process, according to the Bangko Sentral ng Pilipinas. “Moving forward, Philippine banks will play a pivotal role in the post-coronavirus recovery process, and Congress should be cautious not to unduly weaken them,” BSP Governor Benjamin Diokno said. Diokno […]
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Thailand
