Economy and commerce
First rice export bilateral agreement signed
The National League for Democracy-led government is set to sign its first ever government-to-government (G-to-G) rice export bilateral agreement, according to the commerce ministry. The country is likely to sign a Memorandum of Understanding (MoU) to export rice to Bangladesh in early September.Keep reading ...
TPP talks in Sydney end with further negotiation set for Sept
Chief negotiators from the 11 remaining member countries of the Trans-Pacific Partnership trade deal agreed to reconvene in September, after three days of talks ended in Sydney on Wednesday.Keep reading ...
ICT investment vital to prosperity in Asia-Pacific
Thailand is one of the ICT infrastructure development leaders among emerging countries in Asia-Pacific, but its telecom firms and government agencies must embrace the challenges brought about by the development of the digital economy.Keep reading ...
PM pledges good conditions for ExxonMobil
The Government of Việt Nam will create favourable conditions for ExxonMobil to implement projects in the country, Prime Minister Nguyễn Xuân Phúc has said.Keep reading ...
SEZs in Myanmar should learn from international experience
Special Economic Zones (SEZs) in Myanmar should encourage policy experimentation and focus on tech spillovers, an economist told The Myanmar Times. By early June, 95 percent of the land plots in Thilawa SEZ zone A had been sold and the building of manufacturing plants is ...
VN exporters urged to follow rules
Việt Nam should strictly follow and continuously update its policies and regulations when exporting products to the US, which is considered a difficult market with rigorous requirements.Keep reading ...
State Counsellor stresses Belt and Road needs to align national priorities
At the BRI summit in May, the State Counsellor stressed that BRI-led projects should complement national priorities and take into account the welfare of local communities, and highlighted the need to ensure responsible business practice. Local analysts and commentators in Myanmar have spelt out some ...
Policy lagging technology, OECD warns
To capitalise on the transition to a digital society, nations in Southeast Asia need to close the gap between advanced technology and lagging policy, the Organisation for Economic Cooperation and Development (OECD) said last week.Keep reading ...
APEC promotes integration of SMEs into global value chains
Good logistics management, both by governments and businesses, will help enhance competitiveness and growth, Lương Hoàng Thái, director general of the Ministry of Industry and Trade’s Department of Multilateral Trade Policy, has said.Keep reading ...
Economic development more important than democratic reforms, IRI survey
The Myanmar people are more concerned about the economy even as they expressed satisfaction about the country’s democratic reforms, according to a nationwide survey released on Tuesday. Forty percent of the 3000 respondents in the International Republican Institute (IRI) survey rated economic development as more ...