The value of exports for Brunei Darussalam in November 2019 exceeded BND1 billion for the first time since 2014. This was due to newly exported petroleum and gas products from the downstream activities as one of the main contributors for exports. Exports rose by 44.5 per cent year-on-year to BND1,113.9 million compared to BND771.1 million […]
Read MoreAn industrial zone project within the Kyaukphyu Special Economic Zone (SEZ) in Rakhine State will be developed for US$30 billion, deputy commerce minister U Aung Htoo told Pyithu Hluttaw this week. CITIC Consortium from China owns 51 percent of the industrial zone while the Myanmar government owns 49pc, he said. The industrial zone will be […]
Read MoreThe Hanoitimes – In the next five years, Vietnam’s contribution will rise to 25% from the current 17% to revenue of Central Retail, said the company’s CEO. Vietnam is a focus market for Central Retail, a subsidiary of Thailand’s retail conglomerate Central Group, after its record IPO of US$8.1 billion, according to Nikkei Asian Review. The […]
Read MoreJAKARTA: Indonesian coal exports are being disrupted because the government has not issued technical guidance on the implementation of new shipping rules, an industry group said on Thursday. Indonesia, the world’s biggest thermal coal exporter, in 2018 issued regulations requiring its coal and palm oilexporters to use domestic insurance and shipping companies. The insurance requirement […]
Read MoreMANILA, Philippines — The country’s balance of payments (BOP) position booked its widest deficit in 16 months, hitting $1.36 billion in January amid the strong outflows of foreign exchange as the national government settled more external obligations. Data released by the Bangko Sentral ng Pilipinas (BSP) showed the shortfall last month reversed the $2.7-billion surplus […]
Read MoreTHE Singapore dollar plunged to 1.40 against the US unit on Thursday, reflecting growing recession fears as new reported cases of Covid-19 – while slowing down inside China – seem to be picking up pace in the rest of the world. The SGD’s slide on Thursday was in tandem with broad weakness in Asian currencies […]
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Thailand
