Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
Indonesia, Australia now in ‘open conflict’

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Australia and Indonesia were now in “open conflict” and repairing the “worsening” relationship was imperative, Australia's deputy opposition leader Tanya Plibersek said on February...
Japanese investment in Laos up 15%

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Japanese investment in Laos hit $405.7 million in 2013, up 15 per cent year-on-year, partly driven by manufacturing relocation after the 2011 floods in...
Cluttons named leasing agent for Bahrain’s Dragon City

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International real estate agency Cluttons has been appointed by Chinamex, one of China’s largest overseas trading companies, as the official agent to lease the...
Myanmar introduces international gold standard

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Myanmar announced February 12 that for the first time it will use international measurement standards to issue gold bars. Myanmar officials say the change...
Malaysia 3rd cheapest place for a Big Mac

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Malaysia has been ranked one of the cheapest places in the world to purchase a Big Mac, according to The Economist's new Big Mac...
Yingluck promises rice payments ‘next week’

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Long-overdue government subsidy payments to farmers under the rice-pledging scheme will begin next week, Thaialnd's caretaker Prime Minister Yingluck Shinawatra said on February 13,...
Property deals in Oman reach $770 million

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The value of property deal in Oman grew by 21.5 per cent to 1.945 billion rial ($770 million) for the period between January and...
Singapore tops foreign investors in Myanmar

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Singaporean has emerged as the largest foreign investor in Myanmar as companies from the city state have been expanding their investments in sectors such...
Malaysia attracts $11.68b in foreign investment in 2013

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Malaysia attracted 38.774 billion ringgit ($11.68 billion) in foreign direct investments (FDI) in 2013, an increase of 24 per cent compared with 2012, the...
Malaysia’s GDP growth higher than expected in Q4

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Malaysia’s economy beat expectations and picked up speed in the last quarter of 2013, with strong exports expected to shield the Southeast Asian country...
Red Bull heir, Toyota chief said to support shutdown

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A leaked list of alleged supporters of the Thai anti-government movement and the Bangkok shutdown has caused a stir in Thailand. Thai-language newspaper Post...
Indonesia partners with Iran to build $3b refinery

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An Iranian oil firm and an Indonesian company are looking to build a refinery in the southeast Asian nation worth at least $3 billion....
Thailand: Rice warehouses could go up in flames

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A fire which broke out at a rice warehouse in Chai Badan district of Lop Buri province in the morning of February 11 was...
Thailand: More violence feared as farmers rally

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Thailand's National Security Council (NSC) on February 9 warned of a possible escalation in violence as rice farmers link up with anti-government protesters to...
Malaysia’s export seen to grow 5.9% in 2014

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Maybank Investment Bank Research expects Malaysia's export and import growth in 2014 to improve to 5.9 per cent and 8 per cent, respectively. In...
Thai rice farmer draw Feb 15 deadline for government

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Hundreds of Thai farmers have gathered in a protest in Bangkok over the past days to set a deadline for the government to pay...
Singapore: Luxury car sales drop 90%

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Sales of high-end luxury cars in Singapore have dropped by up to 90 per cent depending on the brand, after measures to cool the...
Malaysia trade grows to $414 billion

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Despite a tough external environment, Malaysia's trade last year expanded by 4.6 per cent to 1.36 trillion ringgit, or $414 billion, from 1.309 trillion...