ECONOMY

Lao public, private sectors prepare for APEC economic integration

Vientiane – Representatives from government and private sectors met here in Lao capital Vientiane for a crucial knowledge-building seminar to prepare for ASEAN Economic Community (AEC) integration, according to local media Monday. Held under the Laos Pilot Program for Narrowing … Continue reading Lao public, private sectors prepare for APEC economic integration

McKinsey predicts digital banking customers in Asia to reach 1.7 billion by 2020

Hong Kong – The number of digital banking consumers in Asia would reach 1.7 billion by 2020, with China, India, and ASEAN seeing the biggest gains, said a new report by global management consultants McKinsey & Company. Titled “Asia Digital … Continue reading McKinsey predicts digital banking customers in Asia to reach 1.7 billion by 2020

IATA: Conrad Clifford new VP for Asia-Pacific

Geneva/Singapore – The International Air Transport Association has appointed Conrad Clifford as Regional Vice President for Asia Pacific. Clifford joins IATA on 1 February and will be based in its Asia Pacific Regional Office in Singapore. He succeeds Maunu von Lueders, who is … Continue reading IATA: Conrad Clifford new VP for Asia-Pacific

Abacus Singapore receives Licence for China

Beijing – Abacus has become the first foreign global distribution system (GDS) to serve mainland China, the world’s largest outbound travel market, with the Civil Aviation Administration of China’s (CAAC) approval of licenses for its travel agent applicants. The company, which … Continue reading Abacus Singapore receives Licence for China

Symposium über ASEAN-Beziehungen mit Indien (E)

Bangkok – ASEAN, Indian, and Japanese senior officials and private sector involved in connectivity came together at a symposium on “Towards Realisation of ASEAN Connectivity Plus: Moving Forward with ASEAN-India Connectivity” in Bangkok, Thailand on 27 November to promote greater ASEAN-India … Continue reading Symposium über ASEAN-Beziehungen mit Indien (E)

ASEAN Countries to Reduce Trade Barriers in Food Sector

Jakarta – In line with the targets of ASEAN Economic Community 2015, Member States have intensified efforts to facilitate and reduce barriers for intra-ASEAN trade in processed food sector while also protecting consumers in the region. In a meeting held 18-20 … Continue reading ASEAN Countries to Reduce Trade Barriers in Food Sector