BANGKOK (AFP) – Laos opened a new USD6-billion rail link with China to much fanfare this month, but analysts warn the party could be short-lived as the government grapples with a potential debt crisis. The line will connect the capital Vientiane with the southern Chinese city of Kunming, and there are grand plans for a […]
Read MoreMANILA, Philippines — The Philippines can tap about $49 billion worth of exports by addressing market frictions and investing in increased production, the International Trade Center (ITC) said. In a trade brief, ITC, a joint agency of the World Trade Organization and the United Nations, said the country has an unrealized export potential of $49 […]
Read MoreMilled rice exports will recover in 2022 after dropping this year, according to the Cambodia Rice Federation. Cambodia exported 530,000 metric tonnes (mT) of milled rice in the year through November and the federation is forecasting 630,000 mT for the whole of 2021. That compares with a total of 690,000 mT last year, which would […]
Read MoreReports from the US Treasury Department reaffirming that Vietnam is not manipulating its currency for trade advantage is expected to benefit the stock and banking system. The US Department of the Treasury earlier this month submitted to Congress its semi-annual report on macroeconomic and foreign exchange policies of major trading partners of the US during […]
Read MoreKUALA LUMPUR, Dec 20 — The ringgit opened weaker against the US dollar as the latter continued to gain traction on the back of the United States (US) Federal Reserve’s (Fed) increasingly hawkish tone. The Federal Open Market Committee’s (FOMC) decision to double up on scaling back the purchases of assets by US$30 billion (RM126.8 billion) a […]
Read MoreLao government has announced a plan to reopen to foreign visitors starting from January 1, 2022, according to a notice issued by the Prime Minister’s Office. Hanoi (VNA) – Lao government has announced a plan to reopen to foreign visitors starting from January 1, 2022, according to a notice issued by the Prime Minister’s Office. According to the […]
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Thailand
