Eleven nations signed a slimmed-down version of the Trans-Pacific Partnership (TPP) trade agreement Thursday, moving to lower tariffs just as US President Donald Trump raised them after withdrawing from the deal. The TPP, which would have represented 40 percent of the global economy and nearly one-quarter of its trade, was left for dead after Trump […]
Read MoreThe Myanmar daily minimum wage has been set at K4,800, which is a rise of 33 percent from the K3,600 workers were drawing previously. The change was announced by the National Committee for the Minimum Wage on Monday. The change comes after months of negotiations between business owners and workers unions. Before the current wage […]
Read MoreThe government is making a stringent effort to simplify the process for investors to obtain tax allowances and tax holidays, assuring that an upcoming regulation would be simpler and offer more certainty. “We are preparing a new regulation that will be simpler, no lengthy red tape anymore,” Coordinating Economic Minister Darmin Nasution said on Thursday […]
Read MoreThailand’s overall residential market in 2018 is expected to stay positive and continue improving from last year with growth of 7.9% on the demand side and 10.9% on the supply side, largely due to stronger confidence and a robust economy. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the market this year […]
Read MoreThe Hanoitimes – Foreign investors made a net purchase of US$573 million in Vietnam’s stock markets in the first two months of the year thanks to the country’s macroeconomic stability and the signing of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP) on March 8. According to a new report of the National Financial Supervisory […]
Read MoreSUBANG: Malaysia is currently observing the development of the US decision to impose new import tariffs on steel and aluminium, in terms of reactions from the affected countries. Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said the Government wanted to be prudent on the matter as the US has been one of […]
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