DBS Group Research downgraded its Singapore dollar (SGD) forecast last Friday as its analysts said the currency was “too strong” relative to external and domestic factors. In a research note, FX (forex) strategist Philip Wee and economist Radhika Rao said they now believe that that USD/SGD will rise to 1.40 by the end of this year and stay above […]
Read MoreBUDGET 2019 is expected to be a tough one –with potential new taxes, existing tax hikes and prudent spending given the government’s commitment to tackle the nation’s debt situation. It is also the perfect time for the new government to launch reforms that are effective to future proof Malaysia and I am glad that a […]
Read MoreThe Hanoitimes – Though Vietnam has more opportunities to promote exports thanks to tariff reduction in new-generation free trade agreements (FTA), the country, in return, also has to offer foreign invested enterprises more rights under the deals’ commitments. Vietnam is one of the countries with the most FTAs in the world. It has signed a total […]
Read MoreThe Energy and Mineral Resources Ministry’s oil and gas director general, Djoko Siswanto, said on Monday that the gas-rich Masela block’s operator, Japanese oil firm Inpex, had pledged to submit the block’s development plan by next month. Djoko said Inpex made the commitment when he visited the company’s headquarters in Japan recently. “One of the things we […]
Read MoreThree major domestic business organisations have urged Brussel’s visiting mission not to revoke Myanmar’s access to the Generalised Scheme of Preferences (GSP). Meanwhile, The Myanmar Times understands that a statement co-signed by six European business groups has been addressed to the monitoring mission, arguing that withdrawing GSP “will undoubtedly have a detrimental impact on the most vulnerable people […]
Read MoreBilateral trade between Cambodia and Thailand reached $3.16 billion in the first nine months – an increase of 14.08 per cent year-on-year. Imports to Cambodia were worth $2.65 billion, representing a 19.26 per cent increase in contrast with exports to Thailand that was valued at merely $543.26 million or a 6.2 per cent drop. “Border […]
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Thailand
