Trade value between Thai and China under a free trade agreement (FTA) reached US$59.15 billion in the first nine months, up 9.9 per cent from the same period last year, according to an official of the Foreign Trade Department, under the Commerce Ministry. Exports to China accounted for $22.24 billion of the total value, with […]
Read MoreSINGAPORE: Singapore’s exports growth picked up the annual pace in October and handily beat forecasts, thanks to a continued surge in pharmaceutical shipments though the key electronics sector contracted again, official data showed on Friday. Non-oil domestic exports (NODX) from the city-state last month rose 8.3 percent year-on-year, data from the trade agency International Enterprise Singapore showed, ahead of the revised 8.1 […]
Read MoreKUALA LUMPUR: Malaysia’s economy expanded at 4.4% in the the third quarter ended Sept 30, which is slower than the 6.2% a year ago. It was also below economists’ expectations of a 4.6% growth. Bank Negara Malaysia data showed on Friday the services sector expanded by 7.2%, manufacturing by 5% and construction up by 4.6%. […]
Read MoreBank Indonesia on Thursday raised its policy rate to maintain the attractiveness of Indonesian assets. Following its two-day board of governors meeting, the central bank decided to hike its seven-day reverse repo rate by 25 basis points (bps) to 6 percent, while the lending and deposit facilities were increased by the same amount to 6.75 […]
Read MoreAPPROVAL will be sought from the Cabinet for investment of over Bt20 billion for a southern corridor that will connect with the Eastern Economic Corridor (EEC) in order to forge a massive trade hub linking the Pacific and Indian oceans. Meanwhile, the first draft of a city plan for the EEC will be ready for […]
Read MoreCountries backing the Regional Comprehensive Economic Partnership (RCEP) have resolved 17 trade issues this year, while leaving unfinished matters to reach finalisation next year. RCEP is the proposed free trade agreement (FTA) between ten members of Asean – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, and six AsiaPacific states with […]
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Thailand
