JAKARTA (CNA) – Indonesia’s trade surplus narrowed more than expected in December to USD1.02 billion, the lowest in 20 months, as a surge in exports driven by commodities slowed and imports hit a record high, official data showed yesterday. Southeast Asia’s largest economy has been reporting a trade surplus every month since May 2020, as […]
Read MoreVang Vieng Station in Vientiane Province has commenced providing freight services along the Laos-China Railway. The station began the provision of freight services this week in order to meet increased demand, according to the railway operator. Vang Vieng Station, located along Route 13 in Vang Vieng District, Vientiane Province, features a cargo yard with two […]
Read MoreThe baht hit its lowest point in seven weeks, opening at 33.05 to the US dollar, down from Monday’s closing of 33.08. The Thai currency is likely to move between 32.95 and 33.15 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He says the baht is likely to swing sideways […]
Read MoreExport of textiles, garments, footwear and travel products have registered, in fact, bounced back to the annual growth of an average of approximately 10 percent over the past 10 years thus becoming the key sector for the Cambodian economy. After just one year of a minor decline in growth due to Covid-19 in 2020, the […]
Read MoreAssuming Vietnam keeps the current pace of trading growth, the turnover could set a new record and exceed the $700-billion mark in 2022. The Ministry of Industry and Trade (MoIT) expected the country’s exports to expand by 6-8% in 2022 and a positive trade balance to ensure the GDP growth stays in the range of […]
Read MoreInfrastructure investment in the government’s flagship Eastern Economic Corridor (EEC) during 2022-2026, seen as the second phase of EEC development, is estimated at only 398 billion baht, a significant drop from 900 billion baht in the first phase of 2018-2021. Kanit Sangsubhan, secretary-general to the Eastern Economic Corridor Office, said the second-phase development will target […]
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