FORECASTS for trade growth in 2020 have been adjusted for the third time, this time with Singapore’s non-oil domestic exports (NODX) tipped to grow 3 to 5 per cent year on year while total trade is likely to fall less sharply, by -10 to -8 per cent. The previous trade growth forecasts were -4 to […]
Read MoreIn late July, news that 15 Japanese companies received support from their Government to move to Vietnam from China became a hot topic in the media. According to the Japan External Trade Organisation (Jetro), they were among more than 80 firms whose moving out of China will be subsidised under a Japanese Government scheme. It said this […]
Read MoreGrab Thailand’s recent move to ease some rules, including suspending the zoning divide for GrabBike motorcycle taxi service between Bangkok, Nonthaburi and Pathum Thani, demonstrates its push to appease its rider partners to keep them in the fold amid fierce competition, though more needs to be done to cater to partners in its ecosystem, say […]
Read MoreThe Ministry of Post and Telecommunications has been finalising a draft sub-decree on the country’s National Internet Gateway (NIG), expecting to complete by the end of this year, according to the ministry’s spokesman. The NIG is a single internet gateway system to optimise network management in the country. Ministry spokesman Im Vutha told Khmer Times yesterday the […]
Read MoreKUALA LUMPUR (BERNAMA) – Exports of Malaysia’a natural rubber increased 14.2 per cent in June to 38,587 tonnes from 33,780 tonnes in May, according to the Department of Statistics Malaysia (DOSM). The main export destination was China accounting for a 68.1 per cent share, followed by Finland (4.2 per cent), Germany (3.8 per cent) and […]
Read MoreEconomists have predicted the resurgence of the COVID-19 pandemic could leave Vietnam facing its lowest level of economic growth in 35 years. After 99 days without any new cases of community transmission, a local infection was confirmed in Da Nang on July 25 and the virus has since spread around the country and caused 15 […]
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