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Vietnam on the radar of Hong Kong investors

The Hanoitimes – More Hong Hong (China) investors are eyeing Vietnam as it is a good destination to seize huge opportunities of the ASEAN-Hong Kong Free Trade Agreement (AHKFTA), which will enter into force early next year. According to experts, compared to other ASEAN member countries, Vietnam is assessed to own a number of unique advantages, […]

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Thailand: Shipments seen keeping pace into 2019

The government expects the country’s export prospects next year to be on a par with this year’s performance.  Chantira Jimreivat Vivatrat, director-general of the International Trade Promotion Department, said that absent major risks, Thailand’s exports next year should equal this year’s projected growth of 9%.  “We are strongly upbeat that Thailand has a chance to export […]

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Indonesia: Domestic SMEs Affected by Weakened Rupiah Exchange Rate

TEMPO.CO, Jakarta – Small and medium-sized enterprises (SMEs) are reportedly affected by the weakened rupiah to US dollar exchange rate. According to Gati Wibiwaningsih, Industry Ministry’s director general of SMEs said that SMEs with an export market are not as affected as others that are limited to the domestic market, which presents several problems. “Some of their raw materials are imported, there is definitely an […]

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Malaysia: Ringgit snaps 3-day losing streak to go higher against US$ on rising oil price

KUALA LUMPUR: The ringgit snapped its three-day losing streak to open higher against the US dollar early Thursday amid rising oil prices, a dealer said. At 9 am (0100 gmt), the local currency stood at 4.1380/1420 against 4.1390/1430 recorded at 6 pm Wednesday.  A dealer said sentiment in the market was positive after the US Federal Reserve raised interest rates by […]

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