Trade between Cambodia and Thailand reached $2.9 billion in the first half the year, a 10 percent increase compared to the same period in 2016, according to statistics from the Thai Embassy in Cambodia. The data showed Cambodia exported goods worth $453 million to Thailand in the first six months of the year, a 20 […]
Read MoreThe government announced yesterday that it would “intervene” to support the price that farmers receive for their paddy rice, though without instituting a price floor or direct subsidies that would jeopardise a free market. Vongsey Vissoth, secretary of state at the Ministry of Economy and Finance (MEF), told representatives of the private sector and agricultural cooperatives that the government […]
Read More[JAKARTA] Indonesia posted its first trade deficit since late 2015 in July, as imports surged more than exports did, the statistics bureau said on Tuesday. South-east Asia’s largest economy had a trade deficit of US$271.2 million in July. A Reuters poll had forecast a US$1.1 billion surplus. June’s trade surplus was revised on Tuesday to […]
Read MoreTHAI companies expanded their direct investment in Asean countries in the first quarter of this year, with outflows rising 3.67 per cent to US$30.19 billion from the previous quarter, Bank of Thailand figures show. Singapore was the most popular destination for Thai investments in the quarter, followed by Vietnam and Myanmar. “We increase our investment […]
Read MoreHANOI — Vietnam’s Ministry of Planning and Investment (MPI) is drawing up a report summing up 30 years of foreign direct investment (FDI) since approval of the national Law on Foreign Investment, looking back at the impact of opening the country’s doors to multinational companies. Speaking at an MPI meeting last week, Nguyen Van Trung, Deputy Minister of […]
Read MoreJAKARTA – Indonesia’s statistics bureau on Tuesday said it has revised the value of exports and imports in June, resulting in a bigger trade surplus that month. The bureau said Indonesia’s trade surplus in June was around $1.67 billion instead of the $1.63 billion initial estimate given a month ago. June exports were revised to […]
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