Economy and Trade

Economy and Trade

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

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VinFast, Vietnam’s new home-grown car manufacturer and a subsidiary of Vietnamese industry conglomerate VinGroup, unveiled its first two passenger vehicles, a saloon and an...

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Cambodia raised the monthly minimum wage for garment workers by $12 on October 5 to $182, fulfilling an election promise by premier Hun Sen. A...

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Malaysia's Ministry of Tourism, Arts and Culture is targeting 30 million tourist arrivals in Malaysia by 2020, state news agency Bernama reported. Deputy tourism minister...

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The Malaysian government will no longer allow property developments and new townships solely aimed at foreign buyers in a bid to reduce “mindless foreign...

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Filipinos are increasingly forced to tighten their belts in the wake of a continued high inflation rate which reached 6.4 per cent in August...

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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...