Thailand will attend the signing of the long-awaited Regional Comprehensive Economic Partnership (RCEP) at the 37th Asean Summit under the chairmanship of Vietnam next week. It will be the first-ever virtual signing of an agreement Asean has undertaken, a Foreign Ministry official said on Thursday. The bloc and its dialogue partners are scheduled to convene […]
Read MoreAFP – Indonesia’s virus-hit economy contracted in the third quarter, plunging it into its first recession since the archipelago was mired in the Asian financial crisis more than 20 years ago. Activity in Southeast Asia’s biggest economy slumped 3.49 percent on-year in July-September, the statistics agency said yesterday, with tourism, construction and trade among the hardest-hit […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may hold off any interest rate adjustments until next year as previous aggressive cuts to soften the impact of the pandemic have yet to be absorbed by the economy, economists said. ING Bank Manila senior economist Nicholas Mapa said the BSP is not likely to adjust […]
Read MoreThe Ministry of Industry and Trade (MoIT) held a workshop on November 4 to discuss tools to protect businesses against trade defence lawsuits in export markets in the context of integration. Pham Chau Giang, Deputy Director General of the MoIT’s Trade Remedies Authority, said that Vietnamese firms have faced more than 200 lawsuits related to […]
Read MorePETALING JAYA: The “new normal, ” brought upon by the Covid-19 pandemic, has had minimal effects on property-buying sentiment, according to a survey by CGS-CIMB. Citing the survey, the research house said 41% of respondents had unchanged interest in property investment following the Covid-19 outbreak. It added that 39% had decreased interest, while 20% had […]
Read MoreJAKARTA: Indonesia’s finance minister said “the worst is over” for South-East Asia’s largest economy, after third-quarter gross domestic product (GDP) data confirmed the country fell into recession for the first time since 1998. Sri Mulyani Indrawati (pic) said a contraction in private consumption and investment had eased in the third quarter, after suffering bigger blows […]
Read More
Thailand
