[JAKARTA] Indonesia posted its first trade deficit since late 2015 in July, as imports surged more than exports did, the statistics bureau said on Tuesday. South-east Asia’s largest economy had a trade deficit of US$271.2 million in July. A Reuters poll had forecast a US$1.1 billion surplus. June’s trade surplus was revised on Tuesday to […]
Read MoreTHAI companies expanded their direct investment in Asean countries in the first quarter of this year, with outflows rising 3.67 per cent to US$30.19 billion from the previous quarter, Bank of Thailand figures show. Singapore was the most popular destination for Thai investments in the quarter, followed by Vietnam and Myanmar. “We increase our investment […]
Read MoreHANOI — Vietnam’s Ministry of Planning and Investment (MPI) is drawing up a report summing up 30 years of foreign direct investment (FDI) since approval of the national Law on Foreign Investment, looking back at the impact of opening the country’s doors to multinational companies. Speaking at an MPI meeting last week, Nguyen Van Trung, Deputy Minister of […]
Read MoreJAKARTA – Indonesia’s statistics bureau on Tuesday said it has revised the value of exports and imports in June, resulting in a bigger trade surplus that month. The bureau said Indonesia’s trade surplus in June was around $1.67 billion instead of the $1.63 billion initial estimate given a month ago. June exports were revised to […]
Read MoreThe coaching industry has been growing in leaps and bounds. Last year it was sized at over US$2.3 billion globally and growing 4.75% per year. However, according to the International Coaching Federation, Asia, accounts for less than 5% of the industry with nearly 80% of economic coaching activity occurring in the US and Europe. Is Coaching […]
Read MoreMANILA: The Philippine government, seeking to reduce concerns about a sliding peso, said the country’s strong economy and attractiveness for investors will bolster the currency. Economists say global political uncertainties and import-driven demand for dollars have caused the peso’s recent fall. The peso, Asia’s worst performing currency this year, hovered slightly above Friday’s 11-year low […]
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