RETAIL takings plunged in June compared to a year ago on the back of poor motor vehicle sales, resulting in a fifth straight month of decline. The latest release by the Department of Statistics found that Singapore’s retail sales fell by 8.9 per cent in June – steeper than the 3.7 per cent drop forecast […]
Read MoreJAKARTA: Indonesia’s easing cycle is set to last long as policymakers in South-East Asia’s biggest economy take steps to deal with a deteriorating global economic landscape, according to Bank Indonesia’s new senior deputy governor Destry Damayanti. Damayanti, who was sworn in by the country’s Supreme Court chief justice in Jakarta yesterday, said the economy is […]
Read MoreCambodia welcomed 3.3 million holidaymakers during the first half of the year, an 11.2 percent hike, according to the latest data from the Ministry of Tourism. For in depth analysis of Cambodian Business, visit Capital Cambodia The number of Chinese tourists, in particular, experienced strong growth from January to June. 1.2 million Chinese nationals visited the […]
Read MoreThe Hanoitimes – Vietnam should remain cautious to avoid being dragged into a currency war, if any, and refrain from devaluing the local currency. As Vietnam has been included in the US watchlist of currency practices, a group of researchers has recommended three steps for the country to avoid being named as currency manipulator by the […]
Read MoreCommerce Minister Jurin Laksanawisit has pledged to speed up talks on pending free trade agreements (FTAs), both on a regional and bilateral basis, including the Regional Comprehensive Economic Partnership (RCEP), Thai-EU FTA and talks with Turkey, Sri Lanka, Pakistan and Britain. Mr Jurin, who chaired the first meeting with senior ministry officials on Wednesday, said […]
Read MoreMANILA, Philippines — The country’s agricultural sector reported a 1.27 percent drop in production in the second quarter, mainly due to a decline in the output of the crops sub-sector. For the first semester, the farm sector declined 0.24 percent, a reversal of the 0.63 percent growth recorded in the same period last year. Crops, […]
Read More
Thailand
