The Hanoitimes – More Hong Hong (China) investors are eyeing Vietnam as it is a good destination to seize huge opportunities of the ASEAN-Hong Kong Free Trade Agreement (AHKFTA), which will enter into force early next year. According to experts, compared to other ASEAN member countries, Vietnam is assessed to own a number of unique advantages, […]
Read MoreThe government expects the country’s export prospects next year to be on a par with this year’s performance. Chantira Jimreivat Vivatrat, director-general of the International Trade Promotion Department, said that absent major risks, Thailand’s exports next year should equal this year’s projected growth of 9%. “We are strongly upbeat that Thailand has a chance to export […]
Read MoreTEMPO.CO, Jakarta – Small and medium-sized enterprises (SMEs) are reportedly affected by the weakened rupiah to US dollar exchange rate. According to Gati Wibiwaningsih, Industry Ministry’s director general of SMEs said that SMEs with an export market are not as affected as others that are limited to the domestic market, which presents several problems. “Some of their raw materials are imported, there is definitely an […]
Read MoreMANILA, Philippines — The series of rate hikes by the Bangko Sentral ng Pilipinas may temper loan growth as higher inflation is expected to crimp consumer demand, according to global rating agency Fitch Ratings. In a report, the debt watcher said the country’s credit growth would likely settle in the mid-teens this year from 19 percent last year. Latest data […]
Read MoreKUALA LUMPUR: The ringgit snapped its three-day losing streak to open higher against the US dollar early Thursday amid rising oil prices, a dealer said. At 9 am (0100 gmt), the local currency stood at 4.1380/1420 against 4.1390/1430 recorded at 6 pm Wednesday. A dealer said sentiment in the market was positive after the US Federal Reserve raised interest rates by […]
Read MoreTHE GOVERNMENT is expected to set up an ad-hoc committee next month that will be tasked with solving problems related to foreign investments in Thailand in an effort to attract more funds, especially for the Eastern Economic Corridor (EEC). The Minister for the Prime Minister’s Office, Kobsak Pootrakool, said yesterday that his office had written […]
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