The Commerce Ministry looks set to organise 152 export promotional activities and ramp up mini free trade agreements (mini-FTAs) with potential trading partners to stimulate export growth of 3-4% this year. Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, said the ministry aims to drive export promotional activities both offline and online in […]
Read MoreWith the EU rolling back import tariffs on long grain white rice from Cambodia and Myanmar, market participants expect a rise in shipments from Cambodian exporters who were however still skeptical due to continued high freight rates. The EU accounted for about 60% of Cambodian milled rice exports as recently as 2016, but that amount […]
Read MoreIndonesian Finance Minister Sri Mulyani Indrawati said on Wednesday, “the risks to the economy in 2022 and 2023 include tapering in us and EU, China economic policy, supply disruption.” Additional comments “High commodity prices have begun to affect Indonesia’s inflation, but inflation now still mild.” “Indonesia consumption and production have returned to pre-pandemic levels.” “Indonesia […]
Read MoreThe Philippine banking sector’s outlook is improving, as lenders’ financial performance and the economy are expected to improve this year, according to Fitch Ratings. “For the Philippines, we have an improving banking sector outlook as we expect financial performance to recover somewhat this year, in tandem with a pickup in economic activity that we expect,” Tania Gold, […]
Read MoreDespite Vietnam’s commitment to reduce coal-dependent power resources in the long term, the sector’s black diamonds are in huge demand by the country’s electricity plants, which may face shortages due to a trade ban from Indonesia. On January 1, Indonesia’s Ministry of Energy and Mineral Resources announced a temporary ban on coal exports until the […]
Read MorePetrol prices in Cambodia have soared since the beginning of this year with experts suggesting that it is linked to the rise of international crude oil prices, high demand in the Chinese gasoline market and seasonal demand in European markets. The retail selling price of petrol in the Kingdom from January 16-31 has been set […]
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Thailand
