Exporters and the Commerce Ministry are concerned the US-Iran conflict may stymie global trade if the standoff worsens. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said a group of exporters is worried tensions in the Middle East will escalate and affect Thailand’s export opportunities to the region, which is an important market. […]
Read MoreIndonesia recorded inflation of 2.72 percent in 2019, the lowest level in around two decades, thanks to lower inflationary pressure from government-regulated prices, Statistics Indonesia (BPS) announced on Monday. The figure is far lower than the government’s 3.5 percent target as stated in the 2019 state budget and is within Bank Indonesia’s target of between […]
Read MoreThe Hanoitimes – The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders. The Vietnamese government on December 31, 2019 issued Resolution No.119/NQ-CP with an aim to address rampant cases of origin fraud and illegal transshipment, in a move to show its determination to ensure fair […]
Read MoreThe Ministry of Planning, Finance and Industry is drafting a Secured Transactions Law with assistance from the International Finance Corporation, U Htun Zaw, Deputy Director General of the Financial Regulatory Department, said. The aim of the legislation is to facilitate the establishing of a modern and formal credit market through which borrowers can take loans […]
Read MoreForeigners who purchase jewellery and gems at the Yangon International Gems and Jewellery Fair 2020 will exempted from paying a 5 percent commercial tax, according to Daw Nyunt Nyunt Khine, joint-treasurer at the Gems and Jewellery Entrepreneurs Association (GJEA). Foreigners entering the country to participate at the fair will also be given easy access to […]
Read MoreThe Hanoitimes – The market is seen as an important place to exchange goods amid rising bilateral trade. A Hanoi-funded US$2 million border market in Cambodian Tboung Khmum province became operational on December 24, aiming to boost the bilateral trade. Cambodia’s Prime Minister Hun Sen presided over the inauguration ceremony together with Vietnam’s Deputy Prime Minister […]
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