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Southeast Asia: A bright spot for global investors hid

ASK MANY American, German or Canadian businesses or investors about “Asian business opportunities,” and they are likely to think “China,” and perhaps “India.” Southeast Asia – home to countries including Indonesia, Malaysia, Singapore and the Philippines – is likely to be an afterthought.  That is a pity. After all, this fast-growing region is worth a […]

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Vietnamese exports to be sold via Amazon

HANOI — The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade will work with Amazon to help Vietnamese small and medium-sized enterprises (SMEs) join the firm’s e-commerce system. Vietnam Trade Promotion Agency and Amazon Global Selling organised an event to announce the co-operation with the company in Hanoi on Monday. Besides supporting Vietnamese enterprises with export promotion via international exhibitions or […]

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China cuts import tax to drive Thai exports

China has reduced import tax on 1,585 products from an average of 10.5 per cent to 7.8 per cent, effective since November 1 last year, in order to drive Thai exports to China, the International Trade Promotion Department of Commerce Ministry reported yesterday. The department said that potential export products to China include garment, ceramic, […]

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Indonesia: Govt to cut to zero import duty for electric vehicles

President Joko “Jokowi” Widodo announced on Monday fiscal incentives for the development of electric cars by lowering the luxury goods tax (PPnBM), while Industry Minister Airlangga Hartarto said the government would cut to zero the import duty for electric vehicles. Finance Minister Sri Mulyani Indrawati, meanwhile, explained that the government was preparing a presidential regulation […]

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Asian nations set to increase labour flow to Japan

AS the Japanese government begins accepting more foreign workers from April, various measures are being considered or taken to prepare for the move in nine Asian countries with which the government plans to sign bilateral accords. Such measures include forming new contracts with the Japanese side and increasing study programmes about Japan, with the aim […]

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Myanmar: Border trade during Oct-Dec quarter down

BORDER trade between Myanmar and its neighbours during the October-December quarter amounted to more than US$2 billion, down by $71 million, or 3.2 percent from the same period in 2017, according to the Ministry of Commerce.  The fall was mainly due to a $563 million drop in trade value at the China-Myanmar border to just […]

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