Six months after allowing foreign investors to register and participate in the domestic retail and wholesale sector in May, the Ministry of Commerce (MOC) has so far permitted four joint ventures between foreign and local investors Under notification 25/2018 issued on May 9, the MOC allowed 100 percent foreign-owned businesses to operate in the retail […]
Read MoreSingapore is one of the Southeast Asian countries aiming to be a leader and business centre in artificial intelligence (AI) in line with its industrial transformation policy. The so-called Industry 4.0 revolution has been taking place in Asia-Pacific nations, including Thailand, providing significant opportunities for AI development. “Industry 4.0 is upon us. Robotics, artificial intelligence and additive […]
Read MoreDAVAO CITY — Transport ministers of the 10-country Association of Southeast Asia Nations (ASEAN) will sign next month a memorandum of understanding (MOU), allowing non-conventional size ships, including wooden boats, to cross the maritime borders of the countries within the region, Mindanao Development Authority (MinDA) Executive Director Romeo Montenegro. Montenegro said that all 5-tonnage boats […]
Read MoreMANILA, Philippines — The Philippines’ widening current account deficit as a result of higher investments will leave the country more vulnerable to external shocks and developments, according to ANZ Research. In its Asia Macro Strategy Weekly report, ANZ Research noted that the uptick in investments has led to a current account deficit in some economies […]
Read MoreUp to 11,000 Cambodians have travelled to Guangxi Autonomous Region so far this year for both tourism and commerce purposes as a result of extensive promotion of the southern province in Cambodia and increased air connectivity. Establishing a daily flight from Phnom Penh to Guangxi, as well as increasing the number of flights from Siem […]
Read MoreYANGON (Xinhua) – Bilateral trade between Myanmar and Vietnam has reached over USD362 million in five months of the six-month transitional period from April to September this year, according to the figures from the Commerce Ministry yesterday. Myanmar has changed its fiscal year period from original April-March to October-September beginning 2018-2019, producing a six-month transitional […]
Read More
Thailand
