By Minh Hương HÀ NỘI — There has been a sharp rise in demand for cold storage in the Asia-Pacific region which has pushed foreign investment into Việt Nam, strengthening the value of the local supply chain. Supply is relatively scarce in most of the Asia-Pacific region, said experts, adding developed markets like Japan or Australia have relatively […]
Read MoreThailand aims to embark on talks on new free trade agreements with the European Union (EU), the Eurasian Economic Union (EAEU) and the European Free Trade Association (Efta) and vows to accelerate ongoing FTA talks with Turkey, Pakistan and Sri Lanka. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said under the department’s working plan […]
Read MorePhnom Penh has asked Hanoi to resume direct flights between Cambodia and Vietnam to boost tourism between the two countries now that the Covid-19 outbreak appears to be waning. The statement was made during a meeting between Prime Minister Hun Sen and the newly-minted Vietnamese ambassador to Cambodia on November 24 at the Peace Palace. […]
Read MoreMANILA, Philippines — The country’s rice inventory continued to drop in October, declining by 26.2 percent, according to the Philippine Statistics Authority (PSA). In its latest rice and corn stocks inventory report, the PSA said total rice stocks inventory stood at 1.95 million metric tons (MT) as of Oct. 1, lower than the 2.6 million […]
Read MoreWhy should recent baht movements convince investors to hedge their foreign-exchange positions? The short answer is because the Thai baht is very volatile and its recent high volatility is likely to continue in 2022. Considered the worst major Asian currency performer in 2021, the baht depreciated from 29.90 to the US dollar in early January […]
Read MoreMANILA, Philippines – Short-term foreign funds left the Philippines in droves in October as worries about elevated inflation and a possibility of US Federal Reserve taper prompted the exodus of investments. What’s new Data from the Bangko Sentral ng Pilipinas released Thursday showed foreign portfolio investments recorded a net outflow of $221 million last month. […]
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