HCMC – The EU-Vietnam Free Trade Agreement (EVFTA) may not be signed as soon as expected because Vietnam has yet to address key labor issues, the International Labor Organization (ILO) told the media in HCMC yesterday (January 14). ILO Country Director for Vietnam Chang Hee Lee said that the EVFTA might go before the European […]
Read MoreIndonesia’s full-year trade balance hit a deep deficit of US$8.57 billion in 2018. The figure was the largest deficit recorded since 1975 and a stark contrast to the results in 2017 and 2016, when the trade balance recorded surpluses of $11.84 billion and $9.48 billion, respectively, Statistics Indonesia (BPS) said on Tuesday. Annual exports went […]
Read MoreThe Central Committee of the Lao People’s Revolutionary Party recently adopted core and urgent measures to drive the macro economy which is currently encountering some difficulties. New state investment must focus only on projects which are economically efficient, except for recovery projects following damage from natural disasters, according to the measures. Urgent action must be […]
Read MoreThe Energy and Mineral Resources Ministry has lowered its investment target in the downstream oil and gas business – pipeline projects, manufacturing facilities and fuel-storage facilities — this year as the ministry failed to achieve its target in the last two years. This year’s investment target for the oil and gas downstream business has been […]
Read MoreHanoi (VNA) – Member countries of ASEAN need to give priority to promoting ASEAN Economic Community 2025 (AEC 2025) and concluding Regional Comprehensive Economic Partnership (RCEP) negotiations to deal with economic headwinds in 2019, according to a recent article on the website https://www.eurasiareview.com. The article said 2019 will likely see Southeast Asian economies face major economic […]
Read MoreJAKARTA (BLOOMBERG) – Indonesian presidential candidate Prabowo Subianto is proposing deep tax cuts to stimulate South-east Asia’s largest economy, copying the playbook successfully used by US President Donald Trump. Subianto and his running mate Sandiaga Uno will lower company and individual taxes by between 5 and 8 percentage points over five years and widen the tax-to-gross domestic […]
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Thailand
