TOKYO (AFP) – East Asia should consider a common regional trading currency based on gold to promote commerce, and free the region from relying on dollar transactions, Malaysia’s prime minister said yesterday. Tun Dr Mahathir Mohamad said the proposed currency could be used for regional trade, but would not replace national currencies for use at the […]
Read MoreYANGON, May 30 (Xinhua) — Myanmar Investment Commission (MIC) on Thursday permitted six investment projects from both home and abroad, according to the Directorate of Investment and Company Administration (DICA). The commission’s meeting led by Chairman U Thaung Tun approved six projects worth 28.62 million U.S. dollars and 106.4 billion kyats (69.6 million U.S. dollars). […]
Read MoreWith communities spread across 17,000 islands, Indonesia seems like an unlikely place for online shopping to take off. Although cities like Jakarta are densely populated, a significant proportion of the population lives in rural areas like Kalimantan, where they make a living from coal and palm oil. But delivering to these areas is costly, and […]
Read MoreBANGKOK — There are two “friendship bridges” spanning the Tonle Sap river in the Cambodian capital of Phnom Penh. One is labeled the Cambodia-Japanese friendship bridge; the other is the Cambodia-China friendship bridge. Sitting almost side by side, the bridges are an unintended reflection of the rivalry between Japan and China, in Cambodia and across […]
Read MoreHANOI (AFP) – From socks and sneakers to washing machines and watches, Asian countries are hoping the United States (US)-China trade war will permanently boost manufacturing as brands dodge the row by choosing cheaper locations to make their goods. Business has fanned out from China, often referred to as the ‘Factory of the World’, into […]
Read MoreMALAYSIA is facing a talent crunch to support the rapid digitalisation of its banking and financial services, according to recruitment firm Hays. Many financial products and services have been introduced in the last few years, affecting everything from product development to contact centres and compliance departments, said Hays Malaysia senior manager for banking and financial […]
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