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Indonesia: Trade Surplus Will Still Continue, Economy Minister Says

TEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Darmin Nasution said that trade surplus produces in August 2017 will still continue in the following months. Darmin explained that to maintain the continuity of Indonesia’s trade surplus, due attention needs to be given to winter periods in the United States and European countries. “Surplus will still continue. We will see when winter begins in the US and Europe, […]

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Cambodia-Thai-Vietnam bus service

Thailand has proposed Cambodia initiate a bus service that links the two countries and Vietnam which will strengthen connectivity between the Asean countries. The proposal was made during a meeting between Minister of Public Works and Transport Sun Chanthol and his Thai counterpart Arkhom Termpittayapaisith in Phnom Penh late last week. According to the ministry, […]

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Myanmar is where ASEAN, Belt and Road converge

THE unique selling point of Myanmar is that it connects ASEAN, China and South Asia, businesses at the Hong Kong Belt and Road Summit told The Myanmar Times. The Belt and Road Initiative (BRI) is expected to provide the impetus to turn Myanmar into a hub, facilitating trade and transport between the three regions, but the lack […]

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Malaysia seeks sea Link

Malaysia has proposed to Thailand a linkage between a deep sea port in Thailand’s Songkhla province and an international port in Malaysia’s Penang in order to shorten export time, said Thai Deputy Prime Minister Somkid Jatusripitak. A discussion on the proposal was held between Somkid and Malaysia’s second Finance Minister Johari Abdul Ghani yesterday, aimed […]

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Thailand: BOT unfazed by call for rate cut

THE BANK of Thailand is confident on the country’s outlook for economicgrowth, despite the concerns over a strong baht that prompted a call by the Finance Ministry for a cut in interest rates. The Finance Ministry this week urged the cut in rates in order to ease upward pressure on the baht. But Bank of Thailand […]

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