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Vietnam: Seafood sector sees more export opportunities

The Hanoitimes – Vietnamese fishery exporters are expected to increase shipments to Russia this year after a Russian working group made a fact-finding tour of some Vietnamese exporters recently. According to Duong Hoang Minh, Vietnam’s trade counselor in Russia, Vietnam’s trade office in Russia had earlier held a working session with local agencies on increasing Vietnamese […]

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Philippines: Inflation expected to top target – BSP

MONETARY authorities decided to keep key interest rates unchanged on Thursday but now expect inflation to breach their target for the year. The Bangko Sentral ng Pilipinas’ (BSP) overnight borrowing, lending and deposit rates were maintained at 3.0 percent, 3.5 percent and 2.5 percent, respectively, following the Monetary Board’s first policy meeting for 2018. Inflation […]

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Thailand: SCG arm bullish on 2018 logistics outlook

SCG Cement-Building Materials, the construction products subsidiary of SCG Group, expects its revenue to increase by 10% year-on-year to 17 billion baht in 2018, driven by demand growth in e-commerce, government investment projects and strong economic performance by Asean countries, said vice-president Nithi Patarachoke. Nithi: State projects will help revenue SCG Logistics, a subsidiary of […]

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Malaysia: Services sector records revenue of RM339b in Q42017

KUALA LUMPUR: Malaysia’s services sector recorded strong revenue growth of RM399.70bil in the fourth quarter of 2017, according to the Statistics Department. It said on Friday the biggest contributor came from the wholesale & retail trade, food & beverages and accommodation which accounted for RM316.2bil, as it expanded 8.5% on-year.  Overall revenue of the services […]

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Thailand – Panel: Economy firing on all cylinders

The Thai economy is proceeding at full throttle this year, propelled by four active engines: state investment, private investment, exports and household consumption, says Deputy Prime Minister Somkid Jatusripitak. Speaking at Wednesday’s “Thailand Takeoff 2018” seminar presented by Post Today, Mr Somkid said the government’s economic reform policies are on the right track, as indicated by […]

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