Indonesia’s foreign exchange reserves reached its second-highest annual record in December 2020, rising to US$135.9 billion, driven by tax collection and the government’s foreign borrowing, Bank Indonesia (BI) announced on Friday. The current reserves level was an increase of $2.3 billion from $133.6 billion in November and was estimated to be enough to cover 9.8 […]
Read MoreThe Hanoitimes – US’s decision to initiate a trade probe on Vietnamese goods could affect thousands of enterprises and millions of workers and customers from the two countries. The Office of the US Trade Representative (USTR) has not considered any tariff action on Vietnamese goods and products. US Trade Representative Robert Lighthizer gave the remarks in […]
Read MoreThe ongoing outbreak is ruining any hopes for high-season tourism, with operators urging the government to subsidise 50% of monthly salaries to help employees in the industry. “The latest surge halted tourism demand during the high season in Chiang Mai, following good numbers in November,” said La-Iad Bungsrithong, president of the Thai Hotels Association’s northern […]
Read MoreAGRICULTURAL prices have led a remarkable rally in commodity prices since the third quarter of 2020. Food inflation could lift rural incomes and employment, while triggering Asean governments to increase production and implement more food subsidies, said a Maybank Kim Eng (Maybank KE) report on Friday. The increases are visible in key commodities for Asean […]
Read MoreCambodia’s exports to the US was valued $6,059 million worth of goods in the first eleven months of 2020, inching up 17 percent compared to that in a year before, reflecting strong export amid the world face hard time of COVID-19 pandemic. Figures from the US government shows that the bilateral trade between Cambodia and […]
Read MoreMANILA, Philippines — Banks are hoping for a double-digit credit expansion starting this year, signaling optimism lending will start to pick up after last year’s default fears triggered reluctance to lend, the Bangko Sentral ng Pilipinas (BSP) said. A new BSP survey of bank executives for the second half of 2020 showed majority of lenders projecting their […]
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Thailand
