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Malaysia signs record rice import deal with India

[MUMBAI] Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials told Reuters, in a further sign of improving trade relations between the countries after a diplomatic spat. The first such purchase this year is already nearly twice the average annual volume of […]

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Cambodia pushes hard on free-trade agreements

Cambodia’s government is pushing for free-trade agreement (FTA) talks with potential partners while seeking Russian’s help for a Eurasian Economic Union (EAEU) free trade agreement. The government is looking for support from Russia to push the Cambodia-EAEU FTA in order to expand trade volume and economic cooperation between Cambodia and the bloc. The call was […]

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Brunei to lift restrictions in stages from tomorrow

Brunei Darussalam yesterday announced the first phase of the de-escalation plan to lift the COVID-19 restrictions by introducing a gradual reduction in social distancing measures. The announcement was made yesterday by Minister of Health Dato Seri Setia Dr Haji Mohd Isham bin Haji Jaafar, at the daily press conference at the Ministry of Health (MoH) […]

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Thailand: Tourism hotspots await hotel investors

The massive blow to the tourism industry caused by the outbreak may offer an opportunity for hotel investors waiting for property sales, but operators in Chiang Mai and Phuket have yet to witness that phenomenon. “Over the past 10 years, hotel trading in Thailand was worth about 125 billion baht, but during 2017-18, the figure […]

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