Indonesia: Export Declines, Trade Balance Remains in Surplus MONDAY, 15 AUGUST, 2016 – July 2016 trade balance recorded a US$ 598.3 million surplus. The number was lower compared to the US$900.2 million surplus recorded in June 2016. Cumulatively, the trade balance has recorded a total of US$4.17 billion surplus during the January 2016 to July […]
Read MoreCambodia: Malaysia Pushing to Increase Trade with Cambodia MONDAY, 15 AUGUST 2016 – In an effort to further enhance trade and investment and the exchange of information in the private sector between the two Asean nations, the Cambodia Chamber of Commerce and Malaysia External Trade Development Corporation (Matrade) officially signed a memorandum of understanding (MoU) […]
Read MoreVietnam: Cap of 5% inflation in new economic plan Monday, 15 August 2016 – The Ministry of Planning and Investment is developing a plan on restructuring the economy by 2020 aiming to renovate the growth model towards improving efficiency and competitiveness of the economy. The ministry said that intensive economic restructuring has become critical for […]
Read MoreSingapore: Oil prices firm on potential producer action to prop up market Monday, 15 August 2016 – Oil prices edged up early on Monday and have risen more than 10 percent since the start of the month as speculation intensifies about potential producer action to support prices in an oversupplied market. International Brent crude oil […]
Read MoreIndonesia: Indonesia’s July exports, imports plunge on yearly basis Monday, 15 August 2016 – Indonesia’s exports and imports plunged on an annual basis in July, the statistics bureau said on Monday, confounding expectations for the first growth in 22 months. Exports fell 17.02 per cent in July from a year earlier to US$9.51 billion, the […]
Read MoreSingapore: Not a great Singapore sale as retail takings in June inch up just 0.9% due to car sales Monday, 15 August 2016 – Retail sales in Singapore eked out a 0.9 per cent gain in June compared with the previous year, largely driven by the continued strength of the car market, data released on […]
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