Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
Sony Moves Smartphone Production From China To Thailand To Halve Costs

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Japanese electronics giant Sony is closing its Beijing smartphone plant and will shift production to Thailand in...
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The European Union risks a trade war with Malaysia over its “grossly unfair” policies aimed at reducing...
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Pakistan will be the first country to manufacture Malaysia’s home-made car brand Proton outside the Southeast Asian...
Happiness Dropped In Thailand, Malaysia: Un Report

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The newly released World Happiness Report 2019 by the United Nations shows that most Southeast Asian countries...
Thailand Pushes Projects For Eastern Economic Corridor

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The Thai government continues to promote investment in the Eastern Economic Corridor (EEC), one of the largest economic initiatives geared particularly towards foreign investors....
Vietnam Corporations Line Up To Start Business With North Korea When Sanctions Fall

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Companies from Vietnam are eager to be among the first to do business with and in North Korea should international sanctions be lifted, positioning...
Ukrainian Agency To Build Arms Plant In Myanmar

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A Ukrainian state agency and the Myanmar military have signed a joint-venture agreement to build a plant capable of manufacturing armored personnel carriers and...
Philippines Drowning In Plastic Bag Waste

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The Philippines has a growing environmental problem with waste from plastic bags, with 164 million mostly non-recyclable pieces being thrown away by Filipinos on...
Ride-hailing Firm Grab To Invest “substantially” In Indonesia

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Singapore-headquartered ride-hailing firm Grab said on March 7 that it has secured $1.5 billion in fresh financing from a fund run by Japan’s SoftBank...
Vietnam Inks $21-billion Aviation Deals With Boeing, Ge

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Two Vietnamese budget airlines signed $20.9 billion worth of deals on February 27 to purchase planes from Boeing and engines from General Electric (GE)...
Malaysia Expects Healthy Growth Rate Of 4.9% This Year

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Malaysia's economy continues to be strong and GDP is expected to expand a further 4.9 per cent in 2019 even with a decline in...
Suu Kyi Calls For Investors To Engage In Rakhine State

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Myanmar State Counselor and de facto-leader Aung San Suu Kyi called for investment in the crisis-hit western state of Rakhine on February 22, saying...
Cambodia Put Back On Global Money Laundering Watchlist

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Paris-based intergovernmental money-laundering watchdog Financial Action Task Force (FATF) has placed Cambodia back on its watchlist on February 22 because of concern it is...
Indonesia Beefs Up To Become Southeast Asia’s Digital Hub

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Indonesia has set itself the goal to become nothing less than a regional digital hub in Southeast Asia as early as next year. To...
Singapore To Hike Gst, Tightens Duty Free Allowances

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Amid slowing global growth, ongoing geopolitical uncertainty and technological disruptions to industries and jobs, Singapore issued a budget for 2019 that will see new...
Thai Economy Grows Better Than Expected, But Election Looms

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Thailand's economy grew fastest in six years in 2018, with fourth-quarter beating expectations on higher domestic demand and record tourism arrivals. GDP rose 3.7...
Laos A Draw For Investors, But Obstacles Remain

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With growth rates of around seven per cent in recent years, Laos is one of the best performing in ASEAN. The country’s GDP rose...
North Korea Could Follow Vietnam’s “doi Moi” Example

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As Vietnam’s capital Hanoi prepares to host the second US-North Korea summit later this month, experts say North Korea may be gearing up to...