Asean is scheduled to sign a Mutual Recognition Arrangements (MRA) pact on automobiles and parts in September to reduce production costs and facilitate exports and imports of automotive products among members. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the Asean Senior Economic Officials’ Meeting in Vientiane, held April 4-5, approved Asean MRAs for automotive products […]
Read MoreThailand looks set to re-establish a rail link with Cambodia 45 years after the two countries terminated cross-border train service. Prime Minister Prayut Chan-o-cha and Cambodian Premier Hun Sen will preside over a ceremony to reopen the track connecting Aranyaprathet district of Sa Kaeo with Cambodia’s Poipet town on Monday. The two leaders will meet at Ban […]
Read MorePETALING JAYA: The weak property market in recent years has resulted in a competitive tendering environment for building construction jobs, with some contractors willing to cut prices in their efforts to secure new jobs, said Master Builders Association Malaysia (MBAM) president Foo Chek Lee. “It is a very competitive tendering environment now. For some tenders, […]
Read MoreCambodia’s rubber exports increased 23 per cent in the first quarter of this year on the same period last year, while rubber prices continue to decrease, according to figures from the General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries. The data showed the Kingdom exported 48,192 tonnes of rubber in the […]
Read MoreThe Hanoitimes – In 2018, manufacturing remained the driving force of the economy with an increase of 12.98% year-on-year, contributing 2.55 percentage points to Vietnam’s 10-year high economic growth of 7.08%. The manufacturing sector ended 2018 being the bright spot of Vietnam’s economy, and is expected to achieve higher growth this year amid uncertainties surrounding the […]
Read MoreThe Hanoitimes – Vietnam and Thailand are experiencing a boom in mobile payments as more people use e-wallets to pay for goods and services. Governments across Southeast Asia are pushing ahead with efforts to create cashless economies, with less developed countries such as Vietnam and Thailand leapfrogging richer ones like Singapore and Malaysia in electronic payments, […]
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