Representatives of Cambodia, Laos and Vietnam have agreed to assign Vietnam to devise an action plan for effectively implementing the Agreement on Trade Promotion and Facilitation in the Cambodia-Laos-Vietnam (CLV) Development Triangle Area, signed in 2016 in Siem Reap town. This is one of the important contents stated in the minutes of the 12th meeting […]
Read MoreKUALA LUMPUR: Malaysia’s credit profile (issuer rating A3) is supported by the sovereign’s “Very High (-)” economic strength, which reflects a large and diverse economy that is growing at a relatively strong pace and boasts high levels of competitiveness, says Moody’s Investor Service. In its report issued on Tuesday, the rating agency also said Malaysia’s […]
Read MoreMANILA, Philippines — Foreign direct investment (FDI) inflows declined by 4.4 percent to $9.8 billion last year from $10.3 billion in 2017 due to a sharp drop in equity placements as investors were spooked by external headwinds led by the US-China trade war and accelerating inflation in the domestic front. The latest figure was lower than the […]
Read MoreThe government is gearing up to achieve its target of 30 smart cities in 24 provinces by next year and hopes to transform 100 cities nationwide to smart cities by 2022. The city data platform for smart city implementation is set to launch this year, facilitating the transformation, while at least 100 e-services are expected […]
Read MoreJAKARTA: Indonesia plans to revise its luxury tax scheme for cars to encourage production of environmentally friendly vehicles and to help promote Southeast Asia’s biggest economy as a regional hub for exports, ministers said on Monday. During a consultation with a parliamentary committee, Finance Minister Sri Mulyani Indrawati said Indonesia aimed to overhaul its existing scheme so charges were no longer based on engine […]
Read MoreKUALA LUMPUR: Malaysia recorded a slight increase in the labour force participation rate at 68.6% while the unemployment rate remained at 3.3% in January 2019, according to the Statistics Department. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said on Monday the labour force participation rate in January 2019 increased by 0.1 percentage point to 68.6% on-month and increased by 0.4 […]
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Thailand
