Philippines Urges Swift PJEPA Review to Bolster Market Access

The Philippines is actively pushing for an expedited conclusion to the ongoing review of the Philippines-Japan Economic Partnership Agreement (PJEPA), emphasizing the need for improved market access, particularly for bananas. Trade Undersecretary Allan Gepty highlighted the urgency of accelerating the review process and addressing pending issues during negotiations with Japan. A key focus of the Philippines is to enhance market access for bananas by reducing tariffs. The Department of Agriculture is collaborating with the Department of Trade and Industry to secure preferential tariff rates, given the rising competition from other countries. The negotiation timeline depends on the shared ambitions of both nations, with the Philippines urging a swift resolution.
Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

President Joe Biden will declare a 24-month tariff exemption on Monday for solar panels from four Southeast Asian nations after an investigation froze imports and stalled projects in the United States, sources familiar with the matter told Reuters.
Vattanac Bank, Cambodia- Making a difference as it maintains a classic approach In a Rapidly Changing Economy!

Vattanac Bank is a Cambodian-owned financial institution that provides retail and business banking services. The company is headquartered at Level 2 of Vattanac Capital, a famous building in Phnom Penh. The bank began its operations on November 8, 2002. Vattanac Bank has 24 branches as of the end of December 2020: 12 in Phnom Penh […]
Cambodia reports daily record of 730 COVID-19 cases

Cambodia reported a daily record of 730 new coronavirus cases, the health ministry said in a statement on Sunday, as the country struggles to contain a wave of infections that emerged about two months ago. The Southeast Asian nation has recorded one of the world’s smallest COVID-19 caseloads, but the recent outbreak that was first […]