The average export price of Vietnam’s rice last year was US$650 per tonne, up 20.8 per cent over the same period last year. At the end of last week, the export price of Việt Nam’s five per cent broken rice was trading at $513 per tonne, a sharp increase over the $500 to $510 per […]
Read MorePublic confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand. Confidence would resume given the […]
Read MoreKUALA LUMPUR: Malaysia’s overall trade contracted 16.3% in June 2023 to RM222.14bil as compared to a year ago as the value of shipments exchanged with its major trading partners remained on a slide. According to the Ministry of Investment, Trade and Industry (Miti), the decline in trade value was owing to a 14.1% drop in […]
Read MoreThe tourism recovery is in full swing in Asia and the Pacific, including Cambodia, according to the Asian Development Outlook (ADO) July 2023, released yesterday. The sample was restricted to economies where tourism accounted for at least five percent of gross domestic product in the latest year with available data. “Revenge travel continues to lift […]
Read MoreMANILA, Philippines — The country’s dollar position found itself in familiar territory in June by landing into a deficit, but an analyst expects the shortfall to narrow by yearend. Data sent by the Bangko Sentral ng Pilipinas on Wednesday showed that the country’s balance of payments hit a deficit of $606 million in June. This […]
Read MoreSINGAPORE: Alibaba Group Holding Ltd injected US$845 million into Lazada, its online retail business in Southeast Asia that is facing intensifying competition from rivals such as Sea Ltd and Amazon.com Inc. The capital infusion, disclosed in a regulatory filing in Singapore on Wednesday, brings the total that Alibaba has invested in the arm to several […]
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