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Vietnam: Free Trade Agreements not yet fully understood

The EU-Vietnam Free Trade Agreement (EVFTA) officially took effect more than two years ago, and bilateral trade has grown considerably ever since. However, despite this growth the market share of goods from Vietnam in the EU market is still quite modest. The reasons behind this need a comprehensive study. Two-way trade Since August 2020, when […]

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Thailand: Plant-based food exports set to soar

Export prospects look promising for Thai plant-based food, with expected growth of more than 20% this year driven by rising numbers of health-conscious consumers, innovations, and an increasing global population, according to the Thai Food Processors Association. Visit Limlurcha, honorary president of the association, said while the export values of the country’s plant-based food remain […]

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Singapore to tighten rules on electricity retailers, raise safeguards around supply and price shocks

SINGAPORE’S energy regulator will introduce major guardrails to ensure secure and sufficient gas supply and power generation, and to better protect consumers. The move comes after extraordinary spikes in spot electricity prices last year and a global energy crunch that rocked the electricity market. Measures targeted at electricity retailers include stricter qualifying criteria such as […]

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Philippines: Inflows from OFWs, BPOs may prop up peso

MANILA, Philippines — The inflows of remittances and receipts from business process outsourcing (BPO) industry in the fourth quarter may help prop up the peso against the dollar, according to Finance Secretary Benjamin Diokno. During the 17th Philippine Summit hosted by The Asset, Diokno said he is banking on remittances from overseas Filipino workers (OFWs) […]

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