Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
Singapore, Malaysia, Brunei Top Asean Countries In Global Talent Index

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Singapore is topping the 2019 Global Talent Competitiveness Index in the Association of Southeast Asian Nations (ASEAN), as well as in Asia-Pacific for the...
Indonesia’s “smart Kiosk” Startup Raises More Funds To Digitise Street Vendors

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Indonesian micro-retail tech startup Warung Pintar (“smart kiosk”) has secured new funding of $27.5 million in a Series B round participated by its existing...
Thailand’s Stock Exchange Ventures Into Cryptocurrency Trading

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The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange in order to capitalise on sustained interest of...
Eu Reinstates Import Duties On Rice From Cambodia And Myanmar

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The European Commission has reinstated duties on rice from Cambodia and Myanmar for three years after determining that imports were causing economic damage to...
Bangkok Smog To Cause Economic Damage Of Over $200 Million

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The current severe air pollution crisis in Thailand’s capital Bangkok is expected to cost the country up to 6.6 billion baht ($207.8 million) in...
Laos expects more private investment this year

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The Communist Lao government expects domestic and foreign private investment to climb to 23,086 billion kip ($2.7 billion) in 2019 from around $2.36 billion...
Opium cultivation in Myanmar drops further, UN says

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The area of opium poppy cultivation in Myanmar dropped for the fourth year in a row to 37,300 hectares in 2018 in the two...
EU lifts “yellow card” on Thai fishing industry

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The European Commission on January 8 removed Thailand from the group of "warned countries,” known as “yellow card,” for its action and progress in...
Laos to get its first smart city

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The Laos government has plans to set up a smart and eco city in its northwestern Oudomxay province within the province’s Namor district and...
PetroVietnam Power Corp readies for multi-billion IPO this month

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PetroVietnam Power Corporation (PV Power), the country’s second largest power producer, will list on the Ho Chi Minh City stock exchange on January 14...
Viettel has plans to expand to North Korea, Cuba

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Viettel Group, Vietnam's largest mobile network operator wholly owned and operated by the Ministry of Defense, has plans to expand to socialist sister countries...
Jobless rate in Brunei jumped to 9.3%

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Brunei’s unemployment rate rose to 9.3 per cent in 2017 from 6.9 per cent in 2014, latest available data from the Department of Statistics...
Cambodia becomes gambling heaven, adds 52 new casino licenses in 2018

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Cambodia granted 52 licenses for new casinos in 2018; pushing the number of gambling facilities up by 53 per cent over the previous year,...
Vietnam overtook Singapore in IPO volume this year

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Vietnam in 2018 topped Southeast Asia’s top grossing market for initial public offerings (IPOs) with total proceeds of $2.6 billion. Singapore, who lost its crown...
Vietnam records highest economic growth in a decade

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Vietnam’s economy grew by 7.08 per cent in 2018, the fastest rate in the past eleven years and beating the target of 6.7 per...
Philippines to sign OFW pact with Russia

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The Philippine Department of Labor and Employment (DOLE) is set to sign a bilateral agreement with Russia on the deployment of overseas Filipino workers...
Thailand legalises medical use of marijuana, a first in Southeast Asia

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Thailand has become the first country in Southeast Asia to approve legal use of marijuana by amending the country’s drug law to allow the...
Cambodia’s economic growth to reach 7.3% this year

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Cambodia’s economy is expected to grow by 7.3 per cent this year, spurred by the robust performance of garment exports, tourism and construction, deputy...