Thailand and Myanmar aim to raise border trade to US$20 billion (693 billion baht) over the next five years from an estimated $6 billion this year. During the first meeting of the Thailand-Myanmar Border Trade Committee held yesterday, Commerce Minister Apiradi Tantraporn said the two sides had agreed to set up single stop inspections to […]
Read MoreHanoi (VNA) – Deputy Prime Minister Vu Duc Dam suggested the World Intellectual Property Organisation (WIPO) continue cooperating with and supporting Vietnam in building a national strategy on intellectual property, thus creating an impetus for the country’s innovation process. During a reception for WIPO Director General Francis Gurry in Hanoi on March 23, the Deputy […]
Read MoreThe new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. Myanmar Investment Commission […]
Read MorePETALING JAYA: The proposed Malaysia-European Union (EU) Free-Trade Agreement (FTA) is expected to boost total trade by 20% to 30% from the current 10%, said EU ambassador and head of delegation to Malaysia Maria Castillo Fernandez. She said this was based on the EU’s FTA with South Korea for the past five years, which rose […]
Read MorePETALING JAYA: Bank Negara expects the current account (CA) surplus to narrow in the years ahead, with the CA to register a surplus of between 1% and 2% of gross national income (GNI) this year. The central bank, in its annual report 2016, said the performance of the current account would continue to be influenced […]
Read MoreThe Ministry of Labor, Invalids and Social Affairs is devising a scheme on export of high-skilled workers given the abundant domestic labor force, and thus seeking input from major corporations. The minister asked the group for advice on amendments to the 2012 Labor Code in regard to retirement age, overtime, minimum wage, and welfare benefits […]
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