KUALA LUMPUR: Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the US-China trade war, the finance minister told Reuters in an interview. South-East Asia’s third-largest economy is dealing with a debt pile of over RM1 trillion (US$243.19bil), which the administration of Prime Minister Tun […]
Read MoreCambodia can meet its 100,000 tonne annual export target to Indonesia if more focus is placed on fragrant rice, exporters have said. In 2012, Cambodia signed a memorandum of understanding (MoU) to export 100,000 tonnes of rice to Indonesia annually, but the target was never achieved. In 2016, the two nations then planned to sign […]
Read MoreJOB seekers in Singapore are looking to get a 17 per cent bump in pay when they switch jobs, after averaging across industries and levels, said a report by RGF International Recruitment. Its survey found financial compensation to be the driving factor for 61 per cent of job seekers in Singapore, with 83 per cent […]
Read MoreMANILA, Philippines — The country’s budget deficit shrunk in the first six months due to lower government spending, according to the Bureau of the Treasury (BTr). According to the latest cash operations report of the BTr, the national government incurred a fiscal deficit of P42.6 billion from January to June, 77.9 percent lower than the […]
Read MoreThailand should adopt an expansionary policy mix, including fiscal reforms and monetary easing to help support growth, which has slowed amid rising global trade tensions, the International Monetary Fund said on Monday. The Thai economy grew by 4.1% in 2018, but growth in 2019–20 is expected to slow as uncertainty over trade tensions weigh on […]
Read MoreThe Hanoitimes – The agreement’s new rules of origin will make it easier to trade products tariff-free when they include inputs from other countries the EU has trade agreements with. Vietnam’s new-generation free trade agreements, the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), have helped Vietnam-based foreign […]
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