indo02
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Indonesia records trade surplus with China in Jan-April

The drop must motivate (us) that Indonesia’s foods and beverages can be accepted and have the potential to increase their market share in China. Beijing (ANTARA) – Indonesia recorded a surplus of US$1.12 billion in its trade with China during the January–April period this year. During the period, Indonesia’s exports to China reached US$22.74 billion, while […]

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asia03
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RCEP deepens China-ASEAN economic and trade cooperation

Since the RCEP came into effect, it has brought great benefits to enterprises, founded on the reduction of import costs and the increase of export opportunities after tariff reductions. Over 90% of goods traded will eventually become tariff-free Xinhua – On May 27, a cargo ship loaded with Malaysian manganese ore arrived at Beibu Gulf Port […]

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phil03
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S&P retains Philippine GDP growth outlook for 2022

MANILA, Philippines — S&P Global Ratings kept its gross domestic product (GDP) growth forecast for the Philippines at 6.5 percent for this year, but said scarring is largest in the country, as output would remain below pre-COVID trend in several Asia-Pacific economies. In a report, the debt watcher said the projected GDP growth for the […]

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vn04
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Vietnam’s CPI up 2.44% in six months

Vietnam’s consumer price index (CPI) in the January – June period rose by 2.44% year-on-year while its core inflation edged up 1.25%, the General Statistics Office (GSO) reported at a press conference on June 29. The CPI was up 2.96% in the second quarter, and 3.37% in June alone, compared to the same periods last […]

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New Bank of Laos Governor: Mismanagement of Foreign Currency Rife

During the 3rd Ordinary Session of the Ninth National Assembly yesterday, Mr. Bounleua said that sources of foreign exchange have decreased significantly, with the amount of foreign currency in the country unable to meet demand. Meanwhile, mismanagement of foreign currency is rife, with large amounts disappearing or failing to enter the system. Mr. Bounleua said that between […]

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