ASEAN News

October 21, 2021

Singapore: Labour movement, SNEF offer 9 recommendations to better support PMEs

SINGAPORE – The taskforce by the National Trades Union Congress (NTUC) and Singapore National Employers Federation (SNEF) released nine recommendations to better support professionals, managers and executives (PMEs). They are: 1. Enhance fair employment practices through Improving human resources standards Strengthening enforcement on errant companies that adopt unfair practices An online survey of 1,000 PMEs over 40 […]

October 21, 2021

Cambodia: Transforming Preah Sihanouk province into multi-purpose SEZ

The Cambodian Ministry of Economy and Finance and the Urban Planning and Design Institute of Shenzhen, China, have entered a consultancy contract to transform Preah Sihanouk province into a model multi-purpose special economic zone. The official contract signing took place virtually between Phan Phalla, Secretary of State at the Ministry of Economy and Finance, and […]

October 21, 2021

Lao State Inspection Authorities Uncover Trillions Lost to Corruption

The State Audit Organization and the State Inspection Authority of Laos have uncovered massive losses of over LAK 1.5 trillion and USD 147,387 this year. The two inspection authorities recently announced they had discovered corruption-related losses totaling trillions of kip this year, by Socio-Economic Newspaper reports. Inspection authorities were able to recover approximately LAK 32 billion, […]

October 21, 2021

Vietnam, Singapore should optimise FTAs to boost cooperation: Minister

Vietnam and Singapore should further optimise free trade agreements (FTAs) in which both are members to strengthen bilateral business partnerships, according to the former’s minister of industry and trade Nguyen Hong Dien. He proposed this while interacting with Singapore’s second minister for trade and industry Tan See Leng in a recent online meeting. Vietnam and […]

October 21, 2021

Indonesia’s manufacturing PMI jump indicates export optimism: minister

Jakarta (ANTARA) – Minister of Trade Muhammad Lutfi has said that the rise in the manufacturing Purchasing Managers’ Index (PMI), which reached 52.2 in September 2021, reflects increasing export optimism. “The optimism for increasing exports is shown by the manufacturing Purchasing Managers’ Index (PMI) jump in September 2021, which is in the position of 52.2. The […]

October 21, 2021

Malaysia: Ringgit opens higher on strong performance of commodities

KUALA LUMPUR, Oct 21 — The ringgit opened higher on Thursday, buoyed by the positive sentiment following the strong commodities performance. Brent crude oil is currently trading at US$86 per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne. At 9.04am, the local note stood at […]

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

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