Indonesia’s trade sector has received its Christmas gift early: The European Union has granted Indonesia Rp 232 billion (US$16.37 million) through a program dubbed ARISE+ Indonesia to improve trade conditions and capacity between 2019 and 2023. “The key objective is to strengthen the export and trade competitiveness of the Indonesian economy and the strategic goals […]
Read MoreHOUSEHOLDS and businesses can expect lower electricity bills for the next three months. Electricity tariffs for October to December are set to fall by an average of 3.3 per cent, or 0.79 cent per per kilowatt hour (kwh), compared with the previous quarter, SP Group said on Monday. The decline is due to the lower […]
Read MoreThe Hanoitimes – Vietnam’s trade turnover reached US$382.72 billion in the January – September period, of which its export value amounted to US194.3 billion, up 8.2% year-on-year, and imports totaled US$188.42 billion, up 8.9%. Vietnam reported an estimated trade surplus of US$0.5 billion in September, leading to a surplus of US$5.9 billion in the first […]
Read MoreThe number of new companies registering in the Eastern Economic Corridor (EEC) from January to August this year rose 2.03 per cent year on year to 4,976, according to the director-general of the Department of Business Development, Vuttikrai Leewiraphan. Their total registered capital was Bt17.462 billion, up 38.05 per cent year on year. The top […]
Read MoreEnergy Minister Sontirat Sontijirawong on Sunday welcomed a decision by US energy company Chevron to continue negotiations rather than seek arbitration to resolve a dispute over who should pay for removing offshore oil and gas platforms. Thailand wants Chevron to pay the full decommissioning costs, estimated by a local newspaper at around $2.5 billion, for […]
Read MoreCHONBURI, Thailand: When trade war tariffs jolted Chinese tyre-maker Prinx Chengshan into speeding up foreign investment plans, the company wound up in Thailand, thanks to that country’s relentless courtship. With an initial investment of $300 million, the company is now racing to build a factory to export tyres to the United States next year, based […]
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