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Thailand: Border trade rises 6.51% as of August

Thailand’s border trade remains on course for steady growth, with figures over the first eight months this year rising 6.51% from the same period last year.  Adul Chotinisakorn, director-general of the Foreign Trade Department, said overall border trade, including transit trade, amounted to 922 billion baht in the first eight months of the year, helped by […]

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Vietnam: New rules stymie foreign investors from divestment deals

The Hanoitimes – Some regulations on privatization of state-owned enterprises (SOEs) are causing difficulties for the businesses to find strategic investors in their state divestment, industry insiders said. Under Decree No. 126/2017/ND-CP, which took effect early this year, to take part in buying shares of privatized SOEs, the deposit required for strategic investors increase from 10 […]

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Indonesia: Current account deficit to continue through Q3: Finance Minister

Finance Minister Sri Mulyani Indrawati has estimated that the large current account deficit will continue through to the third quarter, as government measures to curb imports had not produced significant results in the second quarter. Sri Mulyani said that the current account deficit in the second quarter was 3.04 percent of gross domestic product (GDP), or US$8 billion, compared to $5.7 […]

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Philippines: Budget swings to P2.6-B deficit in August

MANILA, Philippines — The national government continued to incur a budget deficit in August as the growth in expenditures once again outpaced the increase in revenues, according to the Bureau of the Treasury. According to the latest cash operations report of the BTr, the government’s fiscal position in August swung to a deficit of P2.6 billion, a […]

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