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Emerging Asia growth seen slowing in 2019

MANILA, Philippines — Emerging Asian countries are expected to register weaker growth next year as a slowdown in global demand is expected to hurt regional exports and prevailing high interest rates weigh on growth prospects, said London-based Capital Economics. In a research note, the think tank said growth in the region – which excludes China and […]

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Vietnam’s custom revenue exceeds target for 2018

The Hanoitimes – It is expected that the revenue collection in 2019 would face more challenges, especially when new free trade agreements come into force in early 2019. Vietnam’s custom revenue as of December 18 reached over VND300 trillion (US$12.86 billion) for the first time, up VND17 trillion (US$728.87 million) year-on-year and exceeded the target for […]

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Malaysian ringgit continues to fall against Singdollar

SINGAPORE – The Singdollar rose against the ringgit on Thursday (Dec 20), a trend that has continued since April, when the Malaysia ringgit was strongest against the Singdollar this year. Then, one Singdollar could buy RM2.936. A check on Thursday showed that one Singdollar could buy RM3.0525. Reasons for the ringgit’s decline include political uncertainty and falling […]

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Thailand – UTCC: Trade war stress to hurt exports

Thailand’s exports are expected to drop by as much as US$4.42 billion (144 billion baht) next year if the ongoing trade war between the US and China intensifies, according to the latest study by the University of the Thai Chamber of Commerce. Aat Pisanwanich, director of the UTCC’s Center for International Trade Studies, said the […]

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