Singapore’s economy, a closely watched barometer for the rest of Asia’s export-driven countries, grew just 0.7 percent last year as the US-China trade war hammered global markets. The city-state has traditionally been the first among Asia’s economies to be affected during a downturn, and the country narrowly escaped tipping into recession in the third quarter. […]
Read MoreMANILA, Philippines — The Philippines and Cambodia are conducting negotiations for an agreement which seeks to prevent double taxation on individuals or companies covered by both jurisdictions, according to the Department of Finance (DOF). According to the DOF, both countries may soon reach an agreement on double taxation following the second round of negotiations between […]
Read MoreCambodia and other Southeast Asian nations have been receiving an increase in diverted investments because of the ongoing trade dispute between China and the United States, stated the National Bank of Cambodia in its latest report. The National Bank said the prolonged trade war has driven major challenges, which has seen a slowdown in international […]
Read MoreKUALA LUMPUR (BERNAMA) – Analysts remain conservative over Malaysia’s economic growth this year, as renewed Middle East geopolitical tensions have eclipsed the United States (US)-China trade deal optimism. RHB Investment Bank Bhd head of ASEAN economics research Peck Boon Soon said although the trade fiasco between the US and China has come to a halt […]
Read MoreThe Hanoitimes – The cooperation framework would support mobilizing capital from the private sector and developing financial markets for infrastructure development, in turn helping Vietnam realize its priorities in the field in near future, said a Vietnamese vice finance minister. Vietnam’s Ministry of Finance (MoF) on November 6 signed a cooperation framework to strengthen infrastructure finance […]
Read MoreASEAN’S consumer sector is set to have a soft start to 2020, with the outlook “dampened by macro headwinds and soft consumer sentiments”, according to a Jan 6 DBS Group Research report. The Philippines seems like the main outlier, with an expected rebound after consumption was hit in 2018-2019. Even though Singapore, Malaysia, and Thailand […]
Read More
Thailand
