SINGAPORE (Jan 14): This year marks 200 years since Stamford Raffles landed on an island located between Peninsula Malaysia and Java. Raffles established the free and open port of Singapore by treaty, and since then the island state has flourished into one of the richest economies in the world. Yet, even as its wealth and […]
Read MoreBEIJING (Xinhua) – China will support countries in the Association of Southeast Asian Nations (ASEAN) to set up offshore renminbi markets as part of a string of measures to facilitate cross-border financial innovation. ASEAN insurers are welcome to set up branches and do business in Guangxi Zhuang Autonomous Region, which is expected to become a […]
Read MoreMyanmar reduced its trade deficit for the October-December 2018 quarter to US$833 million from $1.2 billion during the same period in 2017, according to government data. Total trade expanded to $8.1 billion during the quarter compared to $7.6 billion in 2017, with exports totaling $3.6 billion compared to imports of $4.5 billion. Myanmar exports items […]
Read MoreThe government will hold its first roadshow in Japan’s Kansai, Osaka and Kobe from Jan 30 to Feb 2 to attract investors, according to Deputy Prime Minister Somkid Jatusripitak. He said Kansai and Osaka are important industrial zones in Japan specialising in electronics and medical devices, which are emerging domestic manufacturing sectors. In addition, Osaka […]
Read MoreHCM CITY — Fruit and vegetable exports, which have been growing at around 15 per cent annually for the past five years, are a highly attractive business activity for enterprises, which are increasingly investing in large and modern processing plants. Long An Province-based Lavifood Joint Stock Company earlier this month put into operation a VND1.78 trillion (US$76.7 million) fruit and […]
Read MoreGlobal funds are piling back into Asia’s bellwether for emerging markets, buying $795 million of debt so far this year and sending yields down about 90 basis points from their October peak as the Federal Reserve looks to take a more cautious approach to policy tightening. That’s spelling relief for the rupiah and Bank Indonesia, […]
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Thailand
