PETALING JAYA: The ports and logistics sector activity will be mainly driven by domestic trade in the near term as global trade’s growth is poised to slowdown this year amid greater carbon emissions regulations. The World Trade Organisation (WTO) projects the global merchandise trade volume to only inch up by 1.7% this year, compared with […]
Read MoreJAKARTA: Indonesia recorded a surprisingly large trade surplus of US$3.46bil (RM15.7bil) in June, as imports plunged more than expected and exports also remained weak, official data show, adding to the case for possible rate cuts before the end of the year. A Reuters poll of economists had expected a surplus of US$1.35bil (RM6.1bil) last month. […]
Read MoreIndia is seen as a potential market for Vietnam’s tourism, and the country will strengthen promotion activities to lure more holiday-makers from the South Asian market. Vietnam welcomed 5.6 million foreign tourists, including 141,000 Indian arrivals, in the first six months of 2013. India was the 10th largest tourism market in the period. The improved […]
Read MoreTourism revenue from the international market in 2024 will not be able to match the level recorded in 2019, as the target has been downgraded to 1.92 trillion baht from an earlier target of 2.29 trillion baht due to the impact of a “polycrisis”, according to the Tourism Authority of Thailand (TAT). However, the overall […]
Read MoreCambodia has pinned hopes on the Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral Free Trade Agreements (FTAs) to boost its exports of garment, footwear and travel (GFT) goods. Cambodian Footwear Association president Ly Khun Thai said the Southeast Asian country has seen a significant rise in the exports of shoes to China and South […]
Read MoreSINGAPORE: Key exports fell at a steeper rate in June in Singapore, its ninth straight month of decline, data from Enterprise Singapore (EnterpriseSG) show. Non-oil domestic exports (Nodx) shrank 15.5% year-on-year (y-o-y) in June, following a revised 14.8% fall in May. The drop was slightly less than the 15.6% fall forecast by analysts in a […]
Read More
Thailand
