Vietnam’s vast potential as a trade and investment partner for the UK was the focus of a high-level business forum held in London on October 9.
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Economic update | Sri Lanka targets maritime logistics upgrade through Port of Colombo expansion
24 Oct 2018
Infrastructure investment and more diversified freight-handling services are expected to help Sri Lanka move towards its goal of becoming a major logistics hub, even as the country faces significant competition from within the region.
Economic update | Bahrain approves VAT, spending measures to help improve fiscal balance
24 Oct 2018
The introduction of a goods and services tax, coupled with cost-cutting measures and a proposed multibillion-dollar loan, is expected to help Bahrain improve its fiscal position and reduce national debt.
Economic update | Sugar refinery and processing plants to boost Oman’s agricultural sufficiency
24 Oct 2018
Oman has moved forward with plans to develop the country’s first sugar refinery, part of a strategy aimed at improving domestic food security through agricultural processing.
Economic update | Indonesia boosts domestic palm oil consumption as currency pressures mount
18 Oct 2018
Regulations mandating the use of palm oil in diesel fuel could help ease Indonesia’s dependence on energy imports and stabilise the local currency, while improving prospects for local palm oil producers.
Economic update | Control of Philippines’ Wholesale Electricity Spot Market moves to independent operator
18 Oct 2018
The Philippines’ electricity market has undergone major reform, with the Wholesale Electricity Spot Market (WESM) passing from state control to a newly formed independent body.