Laos: Laos still facing challenges in AEC integration Wednesday, 13 July 2016 – Among the challenges are product labelling when Laos exports goods to neighbouring countries. Although Asean has cut more than 90 per cent of tariffs and barriers towards AEC integration, there are behind-the-scenes issues that pose a challenge for Laos, a senior trade […]
Read MorePhilippines: Weak peso in Q1 pulls down debt prepayments Friday, 8 July 2016 – Debt prepayments by both public and private borrowers were lower in the first quarter of this year, according to Bangko Sentral ng Pilipinas (BSP) data.The reason for it seems to be the relatively weak state of the peso in the first […]
Read MorePhilippines: Govt moves to reduce trade barriers Friday, 8 July 2016 – THE government is taking steps to reduce bureaucratic measures and regulations—also known as non-tariff measures (NTMs)—that serve as barriers to Philippine trade.In a statement, Trade Undersecretary Nora K. Terrado said the Department of Trade and Industry (DTI) is now pushing for “legislative priorities” […]
Read MoreThailand: SCG posts 23% increase in Q1 profit Friday, 8 July 2016 – Asian cement and chemical producer SCG recorded a 23-percent increase in first-quarter profit year-on-year. The company attributed the rise to better performance of the chemicals business. It also said in a statement that it is committed to continue investing in the Asean […]
Read MoreLaos: Laos, Thailand intensify economic ties, amend MoU on labour cooperation Thursday, 7 July 2016 – A large number of Lao citizens flock to Thailand for job opportunities yearly; Thailand is creating conditions to regulate and legalise migrant workers in the country. Laos and Thailand have highlighted areas in which they will intensify economic cooperation […]
Read MoreLaos: Lao economy expected to slow further Thursday, 7 July 2016 – Declining demand for commodities and plunging rubber prices led to the slowdown of the economy. The economy in Laos is projected to grow at a rate of just 6.9 per cent this year which is lower than the government?s target set at 7.5 […]
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