Thailand could drop to the world’s third largest rice exporter, after Vietnam and India, due to a prolonged drought, which has affected rice output, and the strength of the baht currency. Pol Lt Charoen Laothammatas, president of the Thai Rice Exporters Association, disclosed today (Wednesday) that, for the first half of this year, Thailand exported […]
Read MoreVietnam’s economy is expected to gain enormously from the FTA with the EU. However, the country will face major criticism unless it adopts labor and human rights reforms. By Umair Jamal In February, the European Parliament approved a free trade agreement (FTA) with Vietnam and last month, Vietnam’s National Assembly ratified the agreement with overwhelming support. According to […]
Read MoreIndonesia needs to reconsider the benefits it gets from being part of the Asean Economic Community, the head of the country’s investment board said on Wednesday, after data showed foreign direct investment fell for a second straight quarter. Southeast Asia’s largest economy attracted 97.6 trillion rupiah (US$6.7 billion) of FDI in April-June, excluding investment in banking […]
Read MoreExports of garments manufactured under the cut-make-pack (CMP) system were valued US$2.73 billion in the period between 1 October and May-end in the current fiscal year 2019-2020, according to data from the Ministry of Commerce. Myanmar’s manufacturing sector is largely concentrated in CMP garments and textiles, which contribute to the country’s GDP to some extent. […]
Read MoreThe Hanoitimes – Further monetary and fiscal support in the second half of this year could push growth closer to the government’s target of 4-5%. Vietnam’s 2020 growth is expected to slow to a multi-year low of 3% on soft external demand as global headwinds are likely to weigh on growth, offsetting domestic outperformance, Standard Chartered […]
Read MoreThe government is mulling over a plan to introduce a grant, or “productive social assistance”, to help hard-hit micro, small and medium enterprises (MSMEs) amid the pandemic slowdown, according to a minister. “We hope it can help micro enterprises,” Cooperatives and Small and Medium Enterprises (SMEs) Minister Teten Masduki said in a virtual discussion on […]
Read More
Thailand
