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Indonesia defies analysts with US$207.6m trade surplus in May

INDONESIA’S foreign trade surprisingly swung back to a surplus in May, against market expectations of a US$1.38 billion deficit, spurring some hopes for improvement in the country’s trade outlook despite the Sino-US trade war. South-east Asia’s largest economy had a US$207.6 million surplus for May, the statistics bureau said on Monday, as imports dropped near […]

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Singapore banks earn top marks for customer satisfaction from Asia corporate clients

CORPORATE and institutional customers in Asia are highly satisfied with the banking products and services provided by Singapore’s DBS Bank, United Overseas Bank (UOB) and OCBC Bank, according to a twice-yearly survey by specialist research and consulting firm East & Partners Asia. For liquidity management solutions, UOB topped the customer satisfaction rating in the region, […]

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Cambodia: Thai investors seek ties in Kingdom

Dozens of businessmen and investors from Thailand will seek investment opportunities in the Kingdom during a forum aimed at fostering tie-ups with Cambodian businessmen in Phnom Penh scheduled for today. For in depth analysis of Cambodian Business, visit Capital Cambodia Ngoun Meng Tech, Cambodia Chamber of Commerce director-general, yesterday said that about 40 companies from Thailand […]

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Vietnam’s investment arm SCIC to sell state stakes in 108 firms

The Hanoitimes – Taking into account the potential sale of 108 SOEs in the list, SCIC’s revenue in 2019 could reach VND21.6 trillion (US$934.55 million). The Vietnamese government’s investment arm State Capital Investment Corporation (SCIC) has announced the list of 108 state-owned enterprises (SOEs) subject to divestment in 2019, Vietnam Finance reported. On the list are […]

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