Economy and commerce
Trade
Nearly half of the Chinese stock market halts trading
Listed Chinese companies have rushed to halt trading in their shares today as the rout on the Shanghai and Shenzen exchanges continues. The South China Morning Post reports that 51 per cent of mainland Chinese stocks, representing some US$2.2 trillion in market capitalisation, have asked for voluntary ...
Cambodia priced out of Filipino rice tender again
Cambodia has lost a 100,000-tonne Filipino rice bid to Vietnam, on account of a higher costs as compared to regional competitors, marking the fourth time the Kingdom has failed to win a rice tender issued by the Philippines. The Philippines National Food Authority last week awarded ...
Exclusive: Myanmar drafts new foreign investment rules
Foreigners will no longer need a local partner to set up businesses in Myanmar and may be granted a five-year tax holiday from the start of commercial operations, according to the draft of a new investment law obtained by Reuters. Keep reading ...
