When completed, the first phase of the Sithandone Special Economic Zone (SEZ) is expected to be valued at some USD 600 million. According to a report by Socio-Economic News, the first phase of the construction of the Sithandone Special Economic Zone project began in 2018 and is scheduled to be completed in 2025. Vice President of Sithandone […]
Read MoreJAKARTA: The number of foreign visitors arriving in Indonesia fell 89.05% in January from a year earlier to around 141,300 amid global coronavirus-linked restrictions on travel, data released by the statistics bureau showed. Indonesia’s annual inflation rate cooled for a second straight month in February to 1.38%, the slowest since August 2020, data from the […]
Read MoreThe Hanoitimes – The foreign-invested sector made up 76.4% of Vietnam’s total exports in the first two months with US$37.07 billion, representing an increase of 30.5% year-on-year. Vietnam reported an estimated trade deficit of US$800 million in February, narrowing the trade surplus in the first two months of 2021 to US$1.29 billion in 2019, the General […]
Read MoreKUALA LUMPUR: Economists remain positive on Malaysia’s growth this year on the back of vaccine rollouts and gradual economic reopening globally despite concerns that the early part of the year may be impacted by the current movement control order (MCO). MIDF Research said that Malaysia’s leading index (LI) rose 7.1% year-on-year (y-o-y) last December, increasing […]
Read MoreMANILA, Philippines — The provisional safeguard duty imposed on imported vehicles is meant to support and protect the domestic manufacturing industry by encouraging consumers to buy locally manufactured cars, the Department of Trade and Industry (DTI) said yesterday. In a virtual briefing, Trade Secretary Ramon Lopez said the imposition of a provisional safeguard measure on […]
Read MoreSINGAPORE – Singapore has become one of the world’s most sought-after locations for buying investment homes as its safe-haven reputation has been further strengthened by successfully managing the coronavirus pandemic and supporting businesses. According to Knight Frank’s Wealth Report, while private home prices in Singapore’s prime districts dipped 0.2 per cent in 2020 as travel restrictions […]
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Thailand
