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Thailand, Kofu city sign trade agreement

Thailand is scheduled to sign a memorandum of understanding (MoU) today to form a deeper trade partnership through a “mini-FTA” with Kofu city in central Japan. Once signed, the trade partnership with Kofu will be the first mini trade agreement for the Thai government. A similar pact with Telangana state in India was scheduled to […]

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A customer counts her ringgit notes outside a money changer at the central business district in Singapore in this August 25, 2015 file photo.  Malaysia's ringgit jumped more than 5 percent to a five-week high on October 7, 2015 on stop-loss dollar selling and higher local stocks.  The ringgit, the worst performing Asian currency so far this year, surged as much as 5.2 percent to 4.1600 per dollar, its strongest since Sept 1.     REUTERS/Edgar Su/Files
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Malaysia: Ringgit opens firmer on crude price rally

KUALA LUMPUR: The ringgit opened firmer against the US dollar, backed by rising crude oil prices amid the higher number of COVID-19 cases in Malaysia. At 9am, the local note rose slightly by 45 basis points (bps) to open at 4.1850/1890 against the greenback from 4.1895/1940 at last Friday’s close. Bank Islam Malaysia Bhd economist […]

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Thailand: Businesses seek financial relief

Business operators are calling for financial relief measures, including a debt moratorium and new loans with relaxed conditions, to help small and medium enterprises cope with Covid-19. The request was made ahead of Monday’s meeting of the government’s economic team called by Prime Minister Prayut Chan-o-cha. Members of the team are expected to consider an […]

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Vietnam FTA portal to be upgarded

The Vietnam Free Trade Agreement Portal (FTAP) with people and businesses at the center of its service is aimed at improving the quality and efficiency of Vietnam’s FTAs implementation. Minister of Industry and Trade Nguyen Hong Dien has approved action plan No.1718/QD-BCT for the upgrade and development of the FTAP in the period 2021-2025, with […]

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Philippines: DOF warns of job losses anew

MANILA, Philippines — The Philippines risks losing the gains it made in recovering job losses if the government decides to revert economic areas to lockdown to stem the spread of new variants, the Department of Finance said. In an economic bulletin, Finance Undersecretary and chief economist Gil Beltran cautioned that the Philippines has yet to […]

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