Plastic makers in Mandalay are facing tough competition from imported products, local businesses told the Myanmar Times. Foreign plastic products are much cheaper than locally made products because local producers are unable to scale production and instead face rising costs from having to import raw material and logistics. “For production cost, we are trying to […]
Read MoreMANILA, Philippines — The anticipated recovery of the local automotive industry this year remains elusive as sales growth went flat in April, bringing the four-month total still behind last year’s figures. In a joint report released by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) yesterday, the […]
Read MoreWhile the Chinese government describes its One Belt One Road, also known as Belt and Road Initiative, as an attempt to improve regional connectivity for a brighter future, some observers see it as a drive for the Red Giant’s dominance with a China-centred trading network in global affairs. Cambodia, meanwhile, has expressed strong support for […]
Read MoreThe Hanoitimes – Nobufumi Miura, chairman of the Japan Business Association in Vietnam, claimed that cumbersome administrative procedures have hindered enterprises from increasing their investment. Though Vietnam has made significant progress in creating a more business-friendly environment, experts have urged the government to further strive for removing impediments in legal regulations and administrative procedures that are […]
Read MoreThe Eastern Economic Corridor (EEC) Office is scheduled to sign a memorandum of understanding (MoU) next week with the China Development Bank (CDB) and the Japan Bank for International Cooperation (JBIC) for financial support of investment projects. Nathporn Chatusripitak, spokesman for Deputy Prime Minister Somkid Jatusripitak, said the cabinet on Tuesday approved the draft MoU that is […]
Read MoreVIENTIANE (Vientiane Times/ANN) – The Thai companies PTT (Lao) Co., Ltd. and Zixgar Group Ltd. are looking at food business opportunities in Laos with a focus on travellers and office workers as their main customers. This sector is particularly appealing after the explosion in the number of coffee cafés, according to a government official. A Memorandum […]
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