Thailand needs to restructure to promote trade, investment: official World

Thailand needs to restructure to promote trade, investment: official

Thailand needs to restructure the export, import and investment sectors to cope with mounting external risks, particularly from the ongoing trade war, the Brexit impasse and the international geopolitical situation, said Boonyarit Kalayanamit, permanent commerce secretary.
Singapore lowers economic growth forecast for 2019 World

Singapore lowers economic growth forecast for 2019

Singapore’s annual economic growth slipped to the lowest rate in nearly a decade during this year’s first quarter as manufacturing slowed down in the wake of the prolonged US-China trade war, prompting a downgrade to the city-state’s full-year growth forecast.
WB forecasts Cambodia’s economy grows 7 percent in 2019 World

WB forecasts Cambodia’s economy grows 7 percent in 2019

Cambodia’s economy is projected to expand 7 percent in 2019, lower than the rate of 7.5 percent recorded in the previous year as export moderate in line with a fall in global demand, according to the World Bank (WB)’s report.
Vietnam exports a billion pairs of shoes each year Business

Vietnam exports a billion pairs of shoes each year

Vietnam now exports 1 billion pairs of shoes per year and the nation is the second largest leather and footwear exporter in the world, according to experts at the Vietnam Footwear Summit 2019 held in HCM City on March 20.
Rubber industry enjoys good start in 2019 Business

Rubber industry enjoys good start in 2019

Vietnam earned 220 million USD from shipping 175,000 tonnes of rubber abroad in January, up 10.8 percent in value and 28.9 percent in volume compared to the same month last year.
Reuters poll: Singapore sees lower than expected economic growth World

Reuters poll: Singapore sees lower than expected economic growth

A Reuters poll of 11 economists showed that Singapore is expected to report slower third-quarter economic growth than initially thought as the manufacturing sector faces strains from weaker global demand and an intensifying trade dispute between the United States and China.