Indonesia’s trade surplus surges to record as exports rise. The rupiah is set to benefit from strong export performance, economists at ING report. Trade surplus hits record as exports surge “Indonesia’s trade report showed exports and imports post double digit gains in August as activity recovered from the low level of trade in 2020. Surging […]
Read MoreThe US Department of Commerce (DOC) has announced the preliminary results of the 17th period of review (POR17) for the period from August 1, 2019 to July 31, 2020, regarding Vietnam’s tra and basa fish (pangasius) exported to the US. Accordingly, 28 out of the 63 businesses initially subject to the review would not be […]
Read MoreThe General Department of Taxation (GDT) at the Ministry of Economy and Finance earned $1.909 billion in tax income from January to August this year, a 7.34 percent decrease over the same period last year. The GDT stated that the eight-month tax income accounted for 85 percent of the budget law for management in 2021. […]
Read MoreMANILA, Philippines — The construction sector suffered a decline of about 44 percent to P276 billion last year as plans to put up new buildings and expand existing structures were held off by the lockdown. Based on records from the Philippine Statistics Authority (PSA), construction spending sank from P491.8 billion in 2019 due to double-digit […]
Read MoreThe baht opened at 32.95 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.93. The Thai currency is likely to move between 32.90 and 33.05 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht might test the key resistance level of 33.00 to the dollar due […]
Read MoreVietnam’s economy will recover on the back of solid growth achieved in the first half of 2021 after the lockdown is lifted, Dorsati Madani, Senior Economist at the World Bank (WB) Vietnam, has said. The economy is likely to bounce back strongly from the end of the third quarter, similar to how it has recovered […]
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