Malaysia one of the most corrupt nations
September 27, 2013
Malaysia has been ranked as one of the most corrupt nations in a recent survey by consultancy Ernst & Young. Malaysia, along with China, has the highest levels of bribery…
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ASEAN to overtake US as China’s 2nd largest trading partner
The ten-member bloc of ASEAN is expected to surpass the US as China’s second largest trading partner behind the European Union within three to five years, Deputy Director-General of China’s…
South Korea, ASEAN to boost agro-cooperation
South Korea and the ten-member ASEAN bloc will hold talks on September 27 on boosting their agricultural cooperation and on establishment of a joint stockpile of rice. The ASEAN+3 meeting…
Jakarta, Beijing eye $40b currency deal
Indonesia will sign a currency swap deal with China in October for up to $40 billion, the Jakarta Post on September 20 quoted Trade Minister Gita Wirjawan as saying. News…
Still many unemployed pilots in Malaysia
There is not much movement in the labour market for pilots in Malaysia despite a rapid growth of low-budget airlines. The number of unemployed licensed pilots in Malaysia as of…
Vietnam to beef up software outsourcing industry
The Vietnamese software industry wants to embark on higher-value software outsourcing projects in a bid to boost the industry which is already doing 25 per cent of the total outsourced…
Thailand likely to surpass Malaysia in tourism ranking
Thailand recorded a record growth of visitors in 2013 so far and is likely to surpass its rival Malaysia be the end of the year in tourism numbers, observers say….
Cambodia reports $1.41b trade deficit
Cambodia has accumulated a trade deficit of $1.41 billion in the first eight months of 2013, according to figures from the Ministry of Commerce released on September 16. The country’s…
Cheapest labour in Asia: Not Myanmar, not Bangladesh
In the past years, there has been a notable shift of labour costs within Asia, and China is no longer leading the pack. The newly released research paper Economic and…
Thailand to cut import duties on designer goods
Thailand’s government said on September 8 that it will scrap import duties on designer goods such as luxury watches, clothes, perfumes and cosmetics in order to help the country compete…
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