ECONOMY

China, Malaysia celebrate 40th anniversary of diplomatic ties

Beijing – Chinese Premier Li Keqiang and visiting Malaysian Prime Minister Najib Razak attended a grand ceremony in Beijing Saturday marking the 40th anniversary of bilateral diplomatic ties. Addressing the occasion, Li said Malaysia was the first among ASEAN countries … Continue reading China, Malaysia celebrate 40th anniversary of diplomatic ties

Global Fashion Brands: Cambodian Officials discuss Wages

Phnom Penh – Cambodian officials, led by Permanent Deputy Prime Minister Keat Chhon, on Monday met with a 18-member delegation representing global brands and trade unions to discuss garment worker rights and wages. It was the second round of talks … Continue reading Global Fashion Brands: Cambodian Officials discuss Wages

Myanmar Set to Join ASEAN Infrastructure Fund in 2014

Manila/Yangon – Myanmar is slated to join the shareholders of the ASEAN Infrastructure Fund (AIF), bringing all 10 ASEAN members into the AIF. With Myanmar expected to join within 2014, the existing AIF shareholders include Brunei Darussalam, Cambodia, Indonesia, Lao … Continue reading Myanmar Set to Join ASEAN Infrastructure Fund in 2014

Chinese president Xi Jinping urges for stronger competitiveness

Shanghai – Chinese President Xi Jinping has urged Shanghai to push forward reform, pursue scientific development and improve its competitiveness. Xi made the remarks during his inspection in Shanghai from Friday to Saturday after attending the Conference on Interaction and Confidence … Continue reading Chinese president Xi Jinping urges for stronger competitiveness

Protests in Vietnam Could Shift Chinese Investment to Cambodia

Phnom Penh – Cambodia could benefit economically from anti-Chinese protests in Vietnam, experts say. Some 1,500 Chinese have fled Vietnam in the past week, following demonstrations by protesters angered by Chinese oil exploration in the contentious South China Sea. At least 15 … Continue reading Protests in Vietnam Could Shift Chinese Investment to Cambodia

Survey: Beijing, Shanghai lead Asian cities in economic influence

Beijing – Beijing and Shanghai are among the world’s five most economically influential cities, surpassing any other Asian cities including Singapore and Tokyo, a report revealed Thursday. Among the 30 major cities measured, Beijing ranks second in “economic power”, with a … Continue reading Survey: Beijing, Shanghai lead Asian cities in economic influence