Thailand approves longer stays for tourists during peak tourist season

Thailand approves longer stays for tourists during peak tourist season

The Thai Cabinet has approved a 45-day stay for tourists entitled to visa exemptions and 30 days for those eligible for the Visa on Arrival programme in order to help boost the tourism sector during the travel season.
Indonesia tightens management of crypto transaction floors

Indonesia tightens management of crypto transaction floors

Indonesia’s Ministry of Trade plans to issue a new rule to manage crypto transaction floors, requiring two-thirds of directors and commissioners at crypto firms to be its citizens and reside in the country.
EU keen to cement obligations in EVFTA

EU keen to cement obligations in EVFTA

Vietnam and the EU are increasing trade and investment ties backed by a bilateral free trade agreement, with the EU committing to assist in deployment of the deal despite current geopolitical tensions.
HSBC’s fresh report lauds ASEAN's resilient export story

HSBC’s fresh report lauds ASEAN's resilient export story

On September 20, HSBC released a fresh report depicting ASEAN’s exports for the year to date which underlines the bloc’s resident export performance.
Malaysia announces Low Carbon Aspiration 2040 initiative

Malaysia announces Low Carbon Aspiration 2040 initiative

Malaysia’s average Gross Domestic Product (GDP) is set to expand by 13 billion RM (2.85 billion USD) a year with the implementation of the Low Carbon Aspiration 2040 initiative, according to Prime Minister Ismail Sabri Yaakob.
Thai steelmaker plans to increase price

Thai steelmaker plans to increase price

Thai steel manufacturers are planning to increase their domestic prices following a rise in operational costs, from raw material prices and electricity bills to the higher daily minimum wage, the Bangkok Post reported.
Thai national oil and gas conglomerate shifts to EV industry

Thai national oil and gas conglomerate shifts to EV industry

With the Government of Thailand having launched electric vehicle (EV) incentive packages benefiting both manufacturers and buyers early this year, several major corporations are pushing for production of EVs and batteries and building of charging facilities.
ASEAN creates healthy competition environment for SMEs

ASEAN creates healthy competition environment for SMEs

Heads of ASEAN member economies have agreed to create a mechanism to promote competition, create an environment conductive for regional SMEs to enter ASEAN amid economic recovery from COVID-19 crisis.
Foreign Minister to attend funeral of Queen Elizabeth II

Foreign Minister to attend funeral of Queen Elizabeth II

Foreign Minister Bui Thanh Son, under the delegation of President Nguyen Xuan Phuc, will attend the funeral of Queen Elizabeth II in London, the UK, on September 19, according to the Foreign Ministry.
Malaysia likely to achieve 16 billion USD in digital investments: PM

Malaysia likely to achieve 16 billion USD in digital investments: PM

Malaysian Prime Minister Ismail Sabri Yaakob has expressed his confidence in the country’s ability to achieve the 70 billion RM (16 billion USD) digital investment target by 2025, in line with the digital economy blueprint.
Indonesia’s inflation could surpass GDP growth

Indonesia’s inflation could surpass GDP growth

Indonesia could potentially record higher inflation than economic growth in the third quarter of this year, said Coordinating Minister for Economic Affairs, Airlangga Hartarto on September 14.
Indonesia surpasses Thailand, Malaysia in tourism index

Indonesia surpasses Thailand, Malaysia in tourism index

Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan has said Indonesia's Travel and Tourism Development Index score increased, from 4.2 to 4.4 and rose from the 44th ranking to 32nd.
Malaysia calls for promoted digital economy, green technology in ASEAN

Malaysia calls for promoted digital economy, green technology in ASEAN

Malaysian Minister of International Trade and Industry Mohamed Azmin Ali has called on ASEAN member states to promote digital economy and green technology to generate real and direct benefits to micro-, small- and medium-sized enterprises (MSMEs) and people.
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