Thailand: BoT move on rising baht Thursday, 18 Aug 2016 – The Bank of Thailand has been using policy tools, including intervention in the currency market, to curb the rapid baht rise, says a senior central bank official. “The central bank has managed the baht value accordingly and [currency] intervention is one of its tools, […]
Read MoreMalaysia: Malaysia aims to be among world’s top 20 trading nations Tuesday, 16 August 2016 – The Malaysia External Trade Development Corp (Matrade) aims to put Malaysia among the top 20 world?s largest exporting countries within the next two to three years, driven by aggressive promotional activities and creative strategies. Chief executive officer Datuk Dzulkifli […]
Read MoreVietnam: VN-EU trade value increases 9.1% Tuesday, 16 August 2016 – Trade value between Vi?t Nam and the European Union (EU) in the first half of this year has gained a year-on-year growth of 9.05 per cent to US$21.2 billion. According to the Ministry of Industry and Trade’s European Market Department, during the period, export […]
Read MorePhilippines: Record-low debt level in 6 years Tuesday, 16 August 2016 – Despite plans for a higher budget deficit, the national government’s debt pile is projected to fall to record-low levels by the end of the Duterte administration, officials said yesterday. “This is because the growth rate of our economy will be much faster than […]
Read MoreMyanmar: Ministry relaxes import rules for over 250 items Tuesday, 16 August 2016 – The Ministry of Commerce has published a list of 267 items that can be imported from September without a licence, in the new government’s first step toward liberalising permit requirements. The move builds on liberalisation by the last government, which had […]
Read MoreMalaysia: Malaysia?s textile, apparel exports jump to RM6.99bil in H1 Tuesday, 16 August 2016 – Malaysia?s textile and apparel exports rose 10% to RM6.99bil in the first half (H1) of 2016 from RM6.33bil a year ago, Deputy International Trade and Industry Minister Datuk Ahmad Maslan said. He said the surge was driven by increasing global […]
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