The European Union (EU) says it will continue to engage with countries, including Myanmar, that fall under its Everything But Arms (EBA) trade initiative. EBA is an initiative under which all imports to the EU from the Least Developed Countries are duty-free and quota-free, with the exception of armaments. The initiative is part of the […]
Read MoreThe Hanoitimes – The agreement, concluded after six years of negotiations, has been dubbed “the most ambitious” FTA the EU has ever reached with a developing country. The EU – Vietnam Free Trade Agreement (EVFTA) is expected to open up unprecedented opportunities for Vietnam and EU as the European Parliament is set to ratify the trade […]
Read MoreMANILA, Philippines — The country’s trade deficit narrowed by 40.6 percent in December 2019 as exports registered double-digit growth and imports contracted, the Philippine Statistics Authority (PSA) reported yesterday. Total external trade in goods in December 2019 amounted to $13.96 billion, an increase of 2.4 percent from $13.63 billion in the same month the previous […]
Read MorePUTRAJAYA: A proposed stimulus package to boost the local economy will be announced at the end of this month or in early March to cushion the impact of the novel coronavirus outbreak, said Finance Minister Lim Guan Eng. He said the Finance Ministry held a three-hour meeting on Monday with local industry players to gather […]
Read MoreSINGAPORE’S tourism-linked sectors are in for a rough ride – visitor arrivals may fall by 25 to 30 per cent this year due to the novel coronavirus outbreak. The decline will come after four straight years of growth in arrivals and receipts, said the Singapore Tourism Board (STB) at its annual year-in-review on Tuesday. While […]
Read MoreLatest data from the Ministry of Commerce shows that from January to December last year, Cambodia exported some US$2.27 billion worth of products to Thailand, up 195 percent compared to a year earlier. For imports, Cambodia spent around US$7.1 billion for Thailand’s products, a decrease of 6 percent compared to 2018. Seang Thay, Spokesperson at […]
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