The Hanoitimes – The domestic sector reported a trade deficit of US$16.8 billion in the period, while foreign-invested firms posted a trade balance of US$18.6 billion. Vietnam reported an estimated trade surplus of US$200 million in July, leading to a surplus of US$1.8 billion in the seven-month period, significantly lower than the surplus of US$2.6 billion […]
Read MoreAmid a rise in the number of Chinese tourists and so called zero-dollar tours to Myanmar in the recent months, the government is now calling for sustainable and quality investments for Tanintharyi Region’s tourism industry. U Thaung Tun, chair of the Myanmar Investment Commission and Minister of Investment and Foreign Economic Relations and U Ohn […]
Read MoreThe manufacturing production index (MPI) in June dropped 5.5% year-on-year, reflecting the downturn of the global economy and trade, says the Office of Industrial Economics (OIE). The drop in June marked two months in a row of declines. Aditad Vasinonta, the OIE’s deputy director-general, said the country’s output in June shrank for cars, auto parts, […]
Read MoreThe Cambodian Central Bank said economic growth remains robust so far this year and forecast that gross domestic product will expand by 7.1 percent in 2019. For in depth analysis of Cambodian Business, visit Capital Cambodia In its latest biannual report, the National Bank of Cambodia said economic growth this year will be supported by the […]
Read MoreThe Hanoitimes – As of July 15, the revenue collection reached VND777.7 trillion (US$33.54 billion), equivalent to 55.1% of the year’s estimate. Vietnam recorded a state budget surplus of VND51.5 trillion (US$2.22 billion) in the year to July 15, 2019, indicating a significant improvement from a budget deficit of VND35.9 trillion (US$1.54 billion) in the same […]
Read MorePETALING JAYA: Malaysia has missed its 2020 cashless target, as many still prefer cash transactions despite the boom in e-wallet platforms, according to Fitch Solutions Macro Research. Notably, Bank Negara has set some targets to migrate cash transactions to electronic payment systems under its Financial Sector Blueprint 2011-2020. The targets include increasing the number of […]
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Thailand
