Myanmar reduced its trade deficit for the October-December 2018 quarter to US$833 million from $1.2 billion during the same period in 2017, according to government data. Total trade expanded to $8.1 billion during the quarter compared to $7.6 billion in 2017, with exports totaling $3.6 billion compared to imports of $4.5 billion. Myanmar exports items […]
Read MoreThe government will hold its first roadshow in Japan’s Kansai, Osaka and Kobe from Jan 30 to Feb 2 to attract investors, according to Deputy Prime Minister Somkid Jatusripitak. He said Kansai and Osaka are important industrial zones in Japan specialising in electronics and medical devices, which are emerging domestic manufacturing sectors. In addition, Osaka […]
Read MoreHCM CITY — Fruit and vegetable exports, which have been growing at around 15 per cent annually for the past five years, are a highly attractive business activity for enterprises, which are increasingly investing in large and modern processing plants. Long An Province-based Lavifood Joint Stock Company earlier this month put into operation a VND1.78 trillion (US$76.7 million) fruit and […]
Read MoreGlobal funds are piling back into Asia’s bellwether for emerging markets, buying $795 million of debt so far this year and sending yields down about 90 basis points from their October peak as the Federal Reserve looks to take a more cautious approach to policy tightening. That’s spelling relief for the rupiah and Bank Indonesia, […]
Read MoreThe railway networks in Cambodia and Thailand will be officially connected in March, the Transport Minister recently announced. The tracks on both sides of the border have already been finished, said Sun Chanthol, the Minister of Transport and Public Works. “We will ask Prime Minister Hun Sen to preside over the official ceremony connecting both […]
Read MoreMANILA, Philippines — Liquidity in the financial system may post a double-digit growth this year after the tightening cycle by the Bangko Sentral ng Pilipinas (BSP) last year to prevent inflation from spiraling out of control. BSP officer-in-charge Diwa Guinigundo said domestic liquidity or M3 may grow between 10 and 11 percent this year with […]
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Thailand
