THE government’s economics chief has voiced his concerns over a strong baht with his central bank counterpart, citing the impact on farmers and calling on him to be ready to put the brakes on further gains in the currency. Deputy Prime Minister Somkid Jatusripitak yesterday said the government was worried that a chain reaction would […]
Read MoreThe Hanoitimes – Chinese enterprises are forecast to shift their investment strategies by pouring more capital into building plants in Vietnam to take advantage of its integration commitments within ASEAN and other free trade deals, which will contribute to pushing up M&A activities. Experts have been upbeat about Vietnam’s merger and acquisition (M&A) market this year, […]
Read More[JAKARTA] Indonesia’s trade deficit swelled in January as exports fell sharper than expected, although imports contracted for the first time in 19 months, data from the statistics bureau showed on Friday. Southeast Asia’s largest economy had a trade gap of US$1.16 billion in the first month of 2019, larger than the US$970 million deficit expected in a […]
Read MoreKUALA LUMPUR: Malaysia’s economic growth in the fourth quarter of 2018 (4Q18) has surpassed expectations, as the country’s gross domestic product (GDP) grew 4.7% year-on-year (y-o-y). This marks the economy’s first acceleration in growth over the last one year, following the continued slowdown in GDP growth after 3Q17 where it registered a 6.2% growth. In […]
Read MoreGROWTH 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 More
Thailand
