The trade spat between the US and its key allies along with Argentina’s financial crisis have led to capital outflows from emerging market economies, but Thailand’s economic fundamentals have helped mitigate such sales, say analysts. Despite the IMF’s agreement to provide financial assistance, Argentina’s struggling economy, exacerbated by high inflation, has fuelled concerns that such a […]
Read MoreTOKYO: Malaysia’s newly-elected prime minister called Monday for the Trans-Pacific Partnership to be “renegotiated,” and urged protection for small countries in international trade. Malaysia, along with 10 other countries, pushed ahead with the TPP in March despite Donald Trump having yanked the United States out of the huge multilateral trade deal. But Mahathir Mohamad told […]
Read MoreThe Hanoitimes – Vietnam`s National Assembly, the country`s supreme legislative body, has decided to delay the voting on a draft law on special administrative-economic zone (SEZ), which had been scheduled for June 15. The decision was made on Monday morning with the endorsement of 85.63% of National Assembly deputies, following strong protests among experts, parliamentarians and […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index rose 4.6 in April from a year earlier, supported by gains in all three major sectors, government data showed on Thursday. Output growth in April was above the 3.7 percent annual rise forecast in a Reuters poll, and up from the 3.1 percent recorded in March. The index measures […]
Read MoreAn official at the Energy and Mineral Resources Ministry has confirmed that the temporary special mining permit (IUPK), one of the required documents that allows gold and copper miner PT Freeport Indonesia (PTFI) to export coal concentrates, will expire on July 4. “Yes, [the IUPK] will expire. Logically, it should be extended. But I do not know […]
Read MoreTHAILAND EXPECTS the number of international tourists to hit 60 million in 2030, forcing the country to expand its investment in developing the infrastructure needed to support them, up from an anticipated 38 million this year, Tourism and Sports Ministry permanent secretary Pongpanu Svetarundra said in an interview with The Nation. “Thailand has under-invested in […]
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