[BENGALURU] Most South-east Asian stock markets traded in the red on Friday as uncertainty over the Sino-US trade deal was revived ahead of fresh rounds of negotiations, while concerns about global economic slowdown continued to rattle confidence. Investors are also nervous ahead of a summit in Chile where US President Donald Trump hopes to finalise […]
Read MoreAsia is bracing for the latest US Treasury report on foreign currency manipulators, coming in the middle of a trade war that shows no sign of ending. The twice-yearly report is due in coming weeks and will likely see the return of Singapore, Malaysia and Vietnam on the watchlist. The three Southeast Asian nations were […]
Read MoreThe unprecedented acceleration of e-commerce spending in South-east Asia is fuelling regional cross-border logistics growth. However, according to Kevin Burrell, DHL Supply Chain chief executive for Thailand, Vietnam, Cambodia and Myanmar, there are significant challenges to the smooth flow of goods between ASEAN countries. He told The Loadstar: “If you look at the value of goods sold […]
Read MoreTill 30 September since 1988-89 fiscal year, the foreign investments by nine Asean countries in Myanmar, reached 38.155 billion US dollars, accounting for 46.6 per cent of the total FDI, according to the figures released by Directorate of Investment and Company Administration (DICA). During this period, 50 countries made 1,837 investments worth 81.874 billion US dollars. […]
Read MoreThe upcoming summit meeting of the Association of Southeast Asian Nations, or ASEAN, will acknowledge economic headwinds. But officials also express hope that a free trade pact will help the global economy. A series of summit meetings of the 10-member ASEAN will begin in Thailand on November 2. The draft of the chairman’s statement obtained […]
Read MoreEVEN though South-east Asia remains underserved, solutions that are “copy and paste” from developed markets would not work well here, ride-hailing giant Grab’s co-founder Tan Hooi Ling said. “Everybody thought that they could copy and paste solutions from these more developed markets, pop them into South-east Asia and it would work well for our customers […]
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