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OECD urges Philippines to improve logistics sector

MANILA, Philippines — The Organization for Economic Cooperation and Development (OECD) is recommending reforms, which include the delineation of regulatory and operational functions of the Philippine Ports Authority (PPA), amendment of the Public Service Act, and ensuring adequate compensation to the Philippine Postal Corp. (PHLPost) to improve the competitiveness of the logistics sector. In its […]

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Myanmar Investment Commission (MIC) approved 14 new investment proposals which will create 4,371 job opportunities

Myanmar Investment Commission on its 1/2021 meeting approved 14 new investment proposals worth $295.279 million, estimated to create 4,371 jobs for local people. The investments including four investment expansions from existing ones are made in the solar power sector, livestock breeding sector, housing development sector, and service sector. The approved investments include four 40-megawatt solar […]

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China remains Malaysia’s largest trading partner for 12th consecutive year

Xinhua – Malaysia’s trade with China registered positive growth in 2020 with record high exports as China continued to be Malaysia’s largest trading partner for the 12th consecutive year, said the Malaysian Ministry of International Trade and Industry. In announcing Malaysia’s trade performance in 2020, the ministry said China, which has remained as Malaysia’s largest export […]

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Thailand: Tourism holds its breath on vaccines

As several countries have jump-started inoculation against Covid-19, hopes of re-energising the bruised travel industry are growing in tandem with millions of doses produced by pharmaceutical companies for global distribution. Questions abound about whether the much-needed vaccines are really a game-changer for international tourism. The future might be too opaque to forecast, particularly regarding the […]

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