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Malaysia’s trade expands 15.6% to RM238.17bil in November

KUALA LUMPUR: Malaysia’s trade continued its stellar performance and maintained an upward trajectory in November 2022 with trade expanded by 15.6 per cent to RM238.17 billion compared to November 2021 — the 22nd consecutive month of year-on-year (y-o-y) double-digit expansion. The Ministry of International Trade and Industry (MITI) said in a statement today that exports […]

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Indonesia’s foreign retirees fear being driven out as new visa scheme targets ‘filthy rich’

Foreigners will be required to have at least US$128,000 worth of cash in Indonesia or proof they own luxury property under the new second-home visa It will replace existing retirement visas, leaving long-term foreign retirees who cannot meet the requirements feeling anxious about their futures Indonesia’s bid to increase international investments with a so-called second-home […]

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Thailand: Exports to grow amid global slump

Thailand’s exports are expected to reach nine trillion baht by the end of the year, before increasing further to 9.25 trillion baht next year, amid predictions of higher-than-expected economic growth, according to the Commerce Ministry. Commerce Minister Jurin Laksanawisit said at a forum on Sunday that this year exports are on track to grow by 7% from […]

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CPTPP still holds untapped potential for Vietnamese businesses

There is still a lot of untapped potential for Vietnamese businesses in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) three years after it went into effect. Ngo Chung Khanh, Deputy Director of the Multilateral Trade Policy Department under the Ministry of Industry and Trade (MoIT), said Vietnamese businesses have been increasingly interested in […]

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