MANILA, Philippines – Potential US trade sanctions on major Asian economies are seen to significantly benefit the trade and investment relationship of the Philippines with the world’s largest economy, a trade official said. China, India, Indonesia, Japan, Malaysia, South Korea, Taiwan, Thailand and Vietnam have earlier been identified as US trade partners which had significant […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia expressed optimism that the Indonesia’s economic growthwould stand above 7 percent this year after the country faced global uncertainty due to the US monetary policy and plummeting commodity prices last year. “To ensure the prosperity of Indonesian people, 5 percent [economic growth] wouldn’t be enough. [The economy] needs to grow […]
Read MoreThai Airways International’s refusal to subscribe to new shares of Nok Air could jeopardise THAI’s fight for control over the loss-ridden budget carrier. That would be good news for Nok Air, which has been less than keen to join the flag carrier’s new consolidation plan under the THAI Group concept. By rejecting Nok Air’s offering […]
Read MoreA JOINT-COMMITTEE for the establishment of China-Myanmar Border Economic Cooperation Zone would be formed within the year in a bid to boost border trade between the two countries, according to the Ministry of Commerce. The committee would be headed by the commerce ministers from both Myanmar and China, according to Minister for Commerce U Than […]
Read MoreSINGAPORE: Oil prices rose on Wednesday, supported by confidence that an Opec-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of next year. Brent futures rose to US$54.34 per barrel by 0652 GMT, up 19 cents, or 0.35%, from their last close. US West Texas Intermediate […]
Read MoreCambodia and Thailand are keen to be better connected by cross-border highways to boost bilateral economic growth, said an official in the Thai Embassy yesterday. “The Thai government sees the importance of promoting logistics by road links especially for bilateral trade, and has a policy to promote basic infrastructure, transportation of goods and the provision […]
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