KUALA LUMPUR: Fitch Solutions has downgraded its growth forecast for Malaysia this year to -5% from -4.5% previously, according to its client note on Monday. “Downward revision was prompted by the worsening third wave of coronavirus infections, posing risks to the ongoing growth recovery, ” it said. Domestic demand and investment are likely to remain […]
Read MoreThe Hanoitimes – Vietnam’s trade turnover is likely to have reached US$440.09 billion in the January–October period, up 2.7% year-on-year. Vietnam reported an estimated trade surplus of US$2.94 billion in October, further expanding the trade surplus to US$19.5 billion in the January–October period, the General Statistics Office (GSO) has said in a monthly report. In October, […]
Read MoreThe Ministry of Commerce has launched Myanmar TradeNet 2.0 aiming to provide an easier and faster online platform for applying for export/import license/permit. The Myanmar TradeNet 2.0, an upgraded version for all the processes and procedures related to commerce under the Ministry of Commerce, was launched stage by stage starting from November 1. To apply […]
Read MoreSINGAPORE exports posted a shock fall in October, snapping a four-month winning streak, according to trade agency Enterprise Singapore (ESG) on Tuesday. Non-oil domestic exports (NODX) lost 3.1 per cent year on year, reversing the 5.8 per cent increase in September. The drop – which also disappointed private-sector projections of 5.1 per cent growth in […]
Read MoreExport and tourism-related stocks are likely to reap benefits from the new Regional Comprehensive Economic Partnership (RCEP) trade agreement, which includes 15 countries and was signed over the weekend at the 37th Asean Leadership Summit. The new deal creates the world’s largest free trade bloc, with a combined GDP of US$26.2 trillion, or 30% of […]
Read MoreMANILA, Philippines — The central banks of the Philippines and Singapore agreed to address cybersecurity and other risks with the increasing use of technology to supply financial services amid the global health pandemic. The Bangko Sentral ng Pilipinas (BSP) and The Monetary Authority of Singapore (MAS) recognize that the ability to aggregate, store, process and […]
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Thailand
