The Hanoitimes – The foreign-invested sector made up 76.4% of Vietnam’s total exports in the first two months with US$37.07 billion, representing an increase of 30.5% year-on-year. Vietnam reported an estimated trade deficit of US$800 million in February, narrowing the trade surplus in the first two months of 2021 to US$1.29 billion in 2019, the General […]
Read MoreKUALA LUMPUR: Economists remain positive on Malaysia’s growth this year on the back of vaccine rollouts and gradual economic reopening globally despite concerns that the early part of the year may be impacted by the current movement control order (MCO). MIDF Research said that Malaysia’s leading index (LI) rose 7.1% year-on-year (y-o-y) last December, increasing […]
Read MoreMANILA, Philippines — The provisional safeguard duty imposed on imported vehicles is meant to support and protect the domestic manufacturing industry by encouraging consumers to buy locally manufactured cars, the Department of Trade and Industry (DTI) said yesterday. In a virtual briefing, Trade Secretary Ramon Lopez said the imposition of a provisional safeguard measure on […]
Read MoreSINGAPORE – Singapore has become one of the world’s most sought-after locations for buying investment homes as its safe-haven reputation has been further strengthened by successfully managing the coronavirus pandemic and supporting businesses. According to Knight Frank’s Wealth Report, while private home prices in Singapore’s prime districts dipped 0.2 per cent in 2020 as travel restrictions […]
Read MoreLogistics industry insiders in the Kingdom have not seen evidence of imports and exports growing noticeably in early 2021 but are hoping to see that change as the availability of COVID-19 vaccine inoculations widens in the country and region. Sin Chanthy, president of the Cambodia Logistics Association (CLA), concurs, saying that activity in the sector […]
Read MoreReal investment in the government’s Eastern Economic Corridor (EEC) is estimated to reach 400 billion baht this year, driven largely by private investment and key infrastructure development projects. Of the total, 300 billion baht is expected to be generated by private investment, while 100 billion would stem from key infrastructure projects including a high-speed rail […]
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Thailand
