Border trade (Tamu) between India and Myanmar will resume as soon as possible in accord with the guidelines of the Ministry of Health and Sports. “The union minister for commerce urged the resumption of border trade in line with the Covid guidelines and rules by making bilateral communications. In the coming week, the regional government […]
Read MoreThe Hanoitimes – In total, Vietnamese enterprises exported over 1.3 billion medical face masks in the first 11 months of 2020. In November, Vietnam exported nearly 173 million medical face masks, representing a rise of 20.6% against the previous month, according to a monthly-report from the General Department of Vietnam Customs (GDVC). The GDVC added around […]
Read MoreSINGAPORE – Singapore saw fewer mergers and acquisitions (M&As) and other deals amid the coronavirus-induced recession this year, said a report on Tuesday (Dec 22). A total of 640 transactions worth US$65.3 billion (S$87 billion) – including M&As, initial public offerings (IPOs), and private equity and venture capital deals – were recorded from December 2019 to […]
Read MorePETALING JAYA: Bank Negara’s international reserves rose US$400mil to US$105.7bil over the two weeks to Dec 15. It said in a statement that its reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times total short-term external debt. The main components of the international reserves comprised foreign currency reserves at […]
Read MoreExports in November fell by 3.65% from a year earlier, the Commerce Ministry said on Wednesday. The decline compares with a forecast in a Reuters poll for a fall of 3.2% in exports and against October’s 6.71% drop. Imports in November eased 0.99% from a year earlier, resulting in trade surplus of $53 million. In […]
Read MoreThailand plans to run a fiscal deficit until 2025, to combat projected low tax revenue from low economic growth, while targeting inflation of 1 to 3 per cent next year. The Cabinet on Tuesday gave the nod to the inflation target set by the Finance Ministry and Bank of Thailand’s Monetary Policy Committee (MPC), said […]
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