The Hanoitimes – The auction attracted 37 investors registering to purchase 83.57 million shares of Bach Dang Construction Corporation, four times the amount of shares put on sale by the Ministry of Construction, announced the Hanoi Stock Exchange (HNX). Three investors registered to acquire 13.73 million shares, accounting for 16.4% of the total shares on offer, […]
Read MoreThe government yesterday released sub-decree No 72 to enhance efficiency and transparency in the management of non-tax revenue. The new regulation sets the mechanism to be followed when collecting, recording and monitoring non-tax revenue, including income collected from ministries, public institutions, province-level administration and state enterprises. Non-tax revenue includes income derived from state properties, state […]
Read MoreSINGAPORE: Singapore’s exports grew at their fastest pace in seven months in May, boosted by an extended surge in pharmaceutical shipments, though a heated Sino-US trade dispute is clouding the outlook for the trade-dependent city state. Non-oil domestic exports rose 15.5% year-on-year last month, data from trade agency International Enterprise Singapore showed yesterday, accelerating from […]
Read MorePETALING JAYA: Malaysia’s economy is much more diversified today contrary to the common view that that the country is reliant on commodities, said Standard Chartered Global Research. “For example, while commodities make up about 20% of total exports, electronics constitute an even larger portion: 37% in 2017. “Even when oil prices were at their peak […]
Read MoreThe Federation of Thai Industries (FTI) is calling for the Bank of Thailand’s Monetary Policy Committee (MPC) to re-evaluate hiking the policy interest rate, fearing harm to the private sector. The FTI is worried about the effects of the US Federal Reserve’s decision last week to increase its interest rate for the seventh time since […]
Read MoreThai exporters have made better use of free trade agreements (FTAs), as indicated by Thailand’s higher shipments to 17 trading partners under effective FTAs in the first four months the year. Adul Chotinisakorn, director-general of the Foreign Trade Department, said overall utilisation of FTAs increased by 20.3% year-on-year in the first four months to US$21.7 billion […]
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