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Indonesia, RoK seek to boost investment in EV production

Indonesian Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has met with the Republic of Korea (RoK)’s Deputy Prime Minister and Finance Minister Choo Kyung-Ho in Seoul to discuss investment opportunities in electric vehicle (EV) production and tourism. Jakarta (VNA) – Indonesian Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has met with the Republic […]

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Philippines: Diokno believes rate pause likely

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to take a pause in its tightening cycle as the government expects non-monetary measures to address the persistent price pressures on commodities. In a statement yesterday, Finance Secretary and Monetary Board member Benjamin Diokno said the central bank may lean toward a pause in […]

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Vietnam: Sustainability requirements pose new challenges to garment, textile industry

Going green become vital for Việt Nam’s garment and textile industry in the context of increasing requirements for sustainability. HÀ NỘI — Greening the garment and textile production is no longer an option for the multi-billion-dollar industry but a must in the context of increasing requirements for sustainability around the world, experts said. Many garment-importing […]

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Trade between China, Mekong countries hits $416.7B in 2022

Trade between China and countries along the Mekong River posted steady growth last year despite COVID-19 and the sluggish global economy. Thanks to deepened mutual trust and cooperation, China’s trade volume with Cambodia, Laos, Myanmar, Thailand and Vietnam totaled 416.7 billion U.S. dollars in 2022, up 5 percent year on year. The figures were disclosed […]

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Thailand sees 6m foreign tourist arrivals in Q1: govt

The government expects there to be about 6 million foreign tourist arrivals in the first quarter of the year as the vital tourism sector gathered momentum, an official said on Friday. The country is forecasting between 25 million to 30 million foreign tourists this year, with spending of 1.5 trillion baht, government spokesperson Anucha Burapachaisri said […]

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