Brunei Darussalam’s total trade was valued at BND1,330.7 million in July, an increase by 22.1 per cent from BND1,089.8 million during the same month last year, said the Department of Economic Planning and Statistics under the Ministry of Finance and Economy in a statement yesterday. It added that for month-to-month changes, the total trade increased […]
Read MoreSlowing loan growth and rising savings point to a continued plunge in economic activity in the third quarter of this year as consumer spending weakens, economists say. Loan disbursement only grew by 0.12 percent year-on-year (yoy) in September, Bank Indonesia (BI) data show. That figure is much lower than 1.04 percent annual growth recorded in […]
Read MoreSINGAPORE exports finished the third quarter with a fizzle, rising by a gentler 5.9 per cent year on year in September even as the electronics sector continued its recovery from last year’s global down-cycle. The growth in non-oil domestic exports (NODX) was due mainly to an increase in electronics shipments from its year-ago low base, […]
Read MoreMANILA, Philippines — Remittances from overseas Filipino workers (OFWs) contracted by 2.6 percent to $21.41 billion from January to August compared to last year’s $21.99 billion amid the massive displacement caused by the impact of the pandemic on the global economy, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. For August alone, personal remittances including […]
Read MoreWhile Vietnam is at risk of being listed as currency manipulator by the US, such a risk appears low, as the US will likely continue to reduce its dependence on Chinese exports by reorganizing its supply chain with other partners. In the short-term, the State Bank of Vietnam (SBV)’, the country’s central bank, is expected […]
Read MoreThe Regional Cooperation and Economic Partnership (RCEP) agreement is ready to be signed in November, and is expected to take effect in the second half of next year, Auramon Supthaweethum, director-general of the Trade Negotiations Department, said. The Covid-19 crisis was not an obstacle to RCEP negotiations as the panel was meeting via video conference […]
Read More
Thailand
