Cambodia exported 97,175 tonnes of rubber to foreign markets in the first five months of this year, an increase by 17 percent compared to the same period last year. A report from the General Directorate of Rubber at the Ministry of Agriculture, Forestry, and Fisheries, showed that rubber were yielded from 250,107 hectares out of […]
Read MoreThailand will take until September to study whether to join a trans-Pacific free trade agreement, potentially missing a window for entry this year amid widespread concern that joining the pact may harm its farm and healthcare sectors. The Commerce ministry has said joining the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would boost […]
Read MoreA new wave of foreign direct investment driven by global uncertainty such as the US-China trade war and the COVID-19 pandemic is imminent in Vietnam, and it will have a much bigger impact on the economy than previous FDI inflows, according to investment fund VinaCapital. Don Lam, the fund’s co-founder and CEO, said FDI inflows […]
Read MoreThe Hanoitimes – UOB has trimmed their 2020 forecast for Vietnam to 3.5%, from 5.2% made earlier given the sharply weaker second-quarter performance. Vietnam’s economic growth is likely to bounce back to 5.5-7% in the second half of this year (2H20) after touching a years-low of 1.81% in the first half, meaning that the government’s 6.8% […]
Read MoreThe International Monetary Fund has urged Daw Aung San Suu Kyi’s government to tackle bad debts held by Myanmar banks as soon as the economic slowdown is over. The IMF has agreed to provide US$700 million in emergency funding to help Myanmar address “urgent” spending needs as a result of COVID-19. The loan is expected […]
Read MoreThailand’s economy is expected to contract between 5%-8% this year, deeper than the 3%-5% contraction projected in May, due to the impact of the coronavirus outbreak, a group of the country’s leading business associations said on Wednesday. Despite the easing of virus restrictions, most economic indicators declined in May and June, weighed by the weak […]
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