Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com

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American IT giant Amazon is planning a 14 trillion-rupiah ($945 million) investment in Indonesia, according to The Straits Times, which referred to local news...

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Myanmar and China signed a memorandum of understanding to set up the China-Myanmar Economic Corridor (CMEC) as part of Beijing’s Belt and Road Initiative,...

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Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...

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Philippine President Rodrigo Duterte, who previously had confessed his inadequacy on economic issues, is seeking help from people more fit in the subject. The...

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Thailand’s Board of Investment (BOI) has announced new packages and privileges for electric vehicle companies to establish operations in the Eastern Economic Corridor, a...

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The Malaysian government has finally decided to cancel three China-backed pipeline projects after halting work on them, The Financial Times wrote. The report said...

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Vietnam has placed orders for Russian weapons and military services worth more than $1 billion, Russia’s state news agency TASS reported, according to Reuters.  “We...

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Chinese developer Tianjin Union Development Group has unveiled plans for yet another project called “Tourism Vacation Town” in Cambodia that will cost $1.2 billion...

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Mainland Chinese property buyers acquired real estate across Asia for $32.9 billion in 2017, up 352.4 per cent from $7.28 billion in 2016, a...

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The Malaysian government will raise and standardise the minimum wage for the private sector across the country as of January 1, 2019, fulfilling one...

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Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...

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Taiwan mulls reducing the number of visa-free entries for citizens of Thailand, the Philippines and Brunei to two times year, down from currently six...

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Malaysia and Singapore agreed to postpone the development of a high-speed rail service between the two countries by two years, Malaysian business weekly The...

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Indonesia’s President Joko Widodo announced plans on September 1 to bid for the hosting of the 2032 Summer Olympics. The move following the country’s...

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Malaysia will re-impose a tax of between five per cent and ten per cent on the sale of goods, while services will attract a...

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While Malaysia just has expressed unease about alleged infavourable repercussions of Chinese investments in construction and infrastructure in the country, Indonesia is fully optimistic...

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With hordes of Chinese tourists overrunning one Southeast Asian country after the other as a result of a new travel freedom and rising spending...

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The central Bank of Thailand (BoT) revealed on August 22 plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the...