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Asia Pacific

Foreign currency contract hedging sanctioned by Jakarta government

For executives of Indonesia’s state-owned enterprises, hedging their contracts in foreign currencies against possible depreciation of the rupiah has always been a nerve-racking venture.

Cambodian factory workers fainting en masse over malnourishment

A report by non-governmental organizations operating in Cambodia says that instances of mass faintings among workers in the garment industry are the result of malnutrition stemming from low wages.
China phasing out Hong Kong’s role as investment intermediary

China phasing out Hong Kong’s role as investment intermediary

Hong Kong’s much-touted role as the essential middleman for business between China and the world outside seems to be waning.

Former Malaysian PM slams ASEAN countries as underdeveloped

Even well into his retirement years, Malaysia’s former prime minister and architect of much of its recent economic success, Mahathir Mohamad, cannot resist sticking in his oar at sensitive moments.
Supporting human rights is critical to engagement with Asia: APF Canada Task Force

Supporting human rights is critical to engagement with Asia: APF Canada Task Force

Canada needs to ensure support for human rights protection in Asia while taking advantage of the economic opportunities there, according to a September 25 Asia Pacific Foundation (APF) of Canada report.
B.C. food and wine industry looking to tap into Indian market

B.C. food and wine industry looking to tap into Indian market

A trade delegation from British Columbia’s food and wine sector is currently attending a tradeshow in Mumbai, India, to promote the province’s agrifood industry, the Ministry of International Trade announced September 25.
Asia-Pacific to be world hub for high net worth individuals as early as 2014: RBC

Asia-Pacific to be world hub for high net worth individuals as early as 2014: RBC

The Asia-Pacific region is on its way to having the world’s highest concentration of high net worth individuals (HNWIs), according to RBC Wealth Management data released September 25.

India’s high cost of credit dampens economy

The high cost of credit is being cited by Indian investors and business people for their lowest near-term level of confidence in their economy for over four years.

Contractors working for cash-strapped Laos government have to wait to be paid

Contractors waiting to get paid for work done for the government of Laos are likely to have to wait a while before the cheques arrive.
Entering Trans-Pacific Partnership could increase exports by $15.7 billion: Fraser Institute

Entering Trans-Pacific Partnership could increase exports by $15.7 billion: Fraser Institute

Entering into the Trans-Pacific Partnership (TPP) trade agreement could be worth up to $15.7 billion in exports by securing new Asia-Pacific trading partners, according to a Fraser Institute study released September 5.