SINGAPORE’S exports dropped by an unexpected double digit in October, but a bottoming electronics sector has prompted private-sector economists to adjust upward their growth forecasts for gross domestic product (GDP) in the third quarter. Maybank Kim Eng economists are looking at a final GDP growth figure for July-September of 0.8 per cent year-on-year – higher […]
Read MoreVietnam’s management efficiency in granting certificates of origin for enterprises needs to be improved to reduce trade frauds, Minister and Chairman of the Government Office Mai Tien Dung has said. The state should continue to create favourable conditions for enterprises in the production and export of goods in accordance with international commitments in free trade […]
Read MoreMALAYSIA’S economic growth eased in the third quarter to its slowest pace in a year amid declining exports and weaker factory output. Gross domestic product (GDP) rose 4.4 per cent in the three months till September from a year ago, according to figures from the central bank. That matched the median expectation in a Bloomberg […]
Read MorePHNOM PENH (Xinhua) – Cambodia will start pumping its first drop of crude oil from one of its offshore oilfields next year, Prime Minister Samdech Techo Hun Sen said yesterday. “Our first drop of oil will be extracted in 2020, and I will announce the exact date later,” he said during a graduation ceremony of […]
Read MoreMANILA, Philippines — Malacañang on Monday said there is no order from President Rodrigo Duterte to suspend the importation of rice. The Palace issued the statement after GMA News reported that Duterte wanted to halt the purchase of the staple grain from abroad and that the government should start buying rice from Filipino farmers to […]
Read MoreVIENTIANE (Vientiane Times) – Laos needs about 46,500 billion kip of investment or 27 per cent of Gross Domestic Product (GDP) for development in 2020 to ensure the country’s steady economic growth. Of this amount, 4,750 billion kip, or 10.2 per cent of the total, will be taken from the domestic budget, Deputy Prime Minister […]
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