JAKARTA: Indonesia posted wider-than-expected trade deficit in December, bringing the gap for 2018 to the largest ever, the statistics bureau said yesterday. December’s trade deficit was US$1.10bil, in a third consecutive month where the gap was wider than market expectations. A Reuters poll had expected a deficit of US$930mil. South-East Asia’s largest economy had a deficit of […]
Read MoreHANOI — The Philippines Department of Trade and Industry (DTI) has initiated a preliminary investigation on the application of safeguard measures on the import of ceramic floor and wall tiles from various countries, including Vietnam, according to the Trade Remedies Authority of Vietnam. The investigation will cover the period from 2013 to 2017. According to the DTI’s notice, the protest alleged that increased […]
Read MoreTHAILAND’S total advertising spending in 2019 will see about 4.8 per cent growth over last year. Pathamawan Sathorn, managing director at Mindshare, says the total advertising spending in the country this year will grow to Bt124.2 billion, around 4.8 per cent above 2018. Analog TV continues to lead in advertising at Bt37.5 billion, or about […]
Read MoreOn the back of strong growth in the garment, construction and hospitality sectors, the national economy expanded by 7.3 percent last year, according to the Ministry of Economy and Finance. Presenting on the ministry’s latest report during a public forum on macroeconomic management and the 2019 budget law, Chheang Vannartith, the ministry’s deputy director-general, said […]
Read MoreHANOI — Japanese firms consider Vietnam the most attractive investment destination in Asia due to the country’s high economic growth, its position as a production hub and its large consumer market, according to a News Network Asia (NNA) survey conducted from November 26 to December 9, 2018. Among 630 respondents working for Japanese companies in […]
Read MoreIndonesia has maintained a single-digit poverty rate as it posted a 9.66 percent rate as of September 2018, Statistics Indonesia (BPS) reported on Tuesday, with the number of poor people standing at 25.67 million. The figure decreased from 9.82 percent in March, meaning 280,000 people had been lifted out of poverty. The figure has inched […]
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Thailand
