GROWTH of both trade and exports eased in 2018, leading trade promotion agency Enterprise Singapore to maintain its growth forecasts for non-oil domestic exports (NODX) and total merchandise trade at zero to 2.0 per cent for 2019. Total trade crossed the S$1 trillion mark last year. Year-on-year NODX growth slowed from 8.8 per cent in 2017 […]
Read MoreA proposal calling for a shift to high-value crop production could lead to the death of the domestic rice industry, a Cabinet official said on Thursday. “[A proposed] policy to just rely on imported rice and ask our rice farmers to diversify to other crops is a death trap.” Agriculture Secretary Emmanuel Piñol said in a statement. […]
Read MoreTrade ties between Cambodia and Vietnam were strengthened on Wednesday following a meeting between high-ranking commerce officials in which both countries agree to drop tariffs on a number of goods. Vietnam also agreed to expand its quota of Cambodian rice to 300,000 tonnes and tobacco leaves to 3,000 tonnes. These are the most significant points […]
Read MoreDespite seeing a significant decrease in oil and gas and consumer goods imports, Indonesia posted a US$1.16 billion trade deficit in January 2019 because of slower exports and low commodity prices. Exports decreased 3.24 percent month-to-month (mtm) and 4.7 percent year-on-year (yoy) to $13.87 billion because of a 29.3 percent mtm decrease in oil and gas exports to $1.24 billion. Meanwhile, imports went […]
Read MoreWith weaker global growth and a downturn in the electronics trade cycle, Asean markets must rely on domestic demand to drive growth in 2019 — though the effectiveness of this driver will vary across countries, said HSBC economists in a note on Feb 13. Regardless of how trade tensions between the United States and China […]
Read MoreTrust and relationship building between investors and entrepreneurs is really important to grow a start up or a business. Daw Thiri Thant Mon, Myanmar representative for the UK’s development finance institution CDC Group said entrepreneurs should see investors as a partner. “Try to ensure win-win situations, good partnerships will help not just finance, access to […]
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Thailand
