MANILA, Philippines – The country’s trade deficit narrowed 9.3 percent in June as import growth slowed while exports accelerated modestly, the National Economic and Development Authority (NEDA) said yesterday. Total external trade in goods fell 1.2 percent to $11.97 billion in June from $12.12 billion registered in the same period last year after posting 10 […]
Read MoreTEMPO.CO, Jakarta – The Indonesian government will sign a memorandum of understanding on a free trade agreement with the Eurasian countries. Trade Minister Enggartiasto Lukita said that the Comprehensive Economic Partnership Agreement (CEPA) will be executed at the end of 2017. “The prospect of increased trade with Eurasian countries is huge,” he said yesterday, August 10, at the Trade Ministry […]
Read MoreSINGAPORE’S government narrowed its growth forecast for the year to 2-3 per cent from 1-3 per cent and kept its monetary policy stance, even as the economy grew faster than expected at 2.9 per cent year on year in the second quarter of 2017, based on the latest data released by the Ministry of Trade […]
Read MoreNegotiations over an agreement on investment promotion and protection between Myanmar and Singapore have started, according to Directorate of Investment and Company Administration (DICA) Director General U Aung Naing Oo. “During the last 4 or 5 years, Singapore has been the top investor in Myanmar and thus it is a country with which we have […]
Read MoreThe latest feasibility study on building a high-speed train to link the three airports of Don Mueang, Suvarnabhumi and U-tapao in nearby Rayong province has been completed. The 280-billion- baht project is due to open for bidding later this year or in early 2018. Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor (EEC) Office, said the project […]
Read MoreYum Restaurant International Thailand has fulfilled its goal of having all KFC outlets operate as franchises, with Thai Beverage Plc (ThaiBev) being the third and last franchisee in Thailand. Yum on Tuesday signed a franchise agreement worth about 11.3 billion baht, with The QSR of Asia (QSA) (an indirect wholly-owned subsidiary of ThaiBev), to operate […]
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