Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
Indonesia to end 60+ bilateral investment treaties

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Indonesia is planning to terminate more than 60 bilateral investment treaties that allow disgruntled foreign investors to bypass local courts and seek compensation in...
Thailand cuts 2014 growth forecast to 2.6% from 4%

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Thailand's Finance Ministry sharply cut its growth forecast for 2014, citing the spillover effects from months of political unrest. The country's economy is projected...
Labour costs rising in Southeast Asia

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Labour costs in the Southeast Asia region are rising further in 2014, in line with the implementation and increment of minimum wage in a...
Spain to make Philippines investment hub in ASEAN

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Spain is looking at the possibility of making the Philippines its hub for trade and investments in the region and gateway to the other...
Philippine imports surge, rating affirmed by Fitch

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Philippine imports surged 21.8 per cent in January 2014, their highest level in nearly three years, with imports of raw materials indicating further upward...
AEC ‘unlikely’ to kick off by 2015

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The economic integration of the ASEAN Economic Community (AEC) will likely not be attained by 2015, economists of the Asian Development Bank (ADB) said. At...
Laos: High inflation deters foreign investors

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Rising inflation in Laos is undermining the country's attraction as a low-cost manufacturing base, a report said on March 20 , although investment figures...
Costs for Thailand turmoil set at $13b

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Thailand is expected to lose as much as 430 billion baht ($13 billion) in revenue in the first half of the year due to...
Singapore’s GDP forecast to grow 3.8% in 2014

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Economists and analysts in private sector are more cautious for the economy growth of Singapore this year, lowering their forecast for the GDP growth...
Thailand hopeful after emergency state ends

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Tourism businesses and foreign investors have welcomed the government's decision to lift the state of emergency in Bangkok, expecting the move to facilitate the...
Philippine government fails to reduce poverty

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The Philippines will have to downgrade its target to reduce poverty, officials warned March 18, a move which would leave an additional four million...
Brunei, East Timor to forge closer ties

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Brunei's Sultan Hassanal Bolkiah, who received East Timor's Prime Minister Xanana Gusmao on March 15 on a three-day official visit to his country, said...
Philippines may miss 2014 growth targets

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Despite the continued positive outlook by international rating agencies on the Philippine economy in 2014, two important developments, if left unchecked, could change their...
Philippines await new credit rating upgrade

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The Philippines may get a further credit rating upgrade as early as 2014 on the back of the economy’s rosy prospects, Bangko Sentral ng...
Philippines to import 800,000 tonnes of rice

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The Philippines is looking to import as much as 800,000 tonnes of rice this year to boost thinning stockpiles and curb local price increases,...
Thailand to lift state of emergency in Bangkok

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The Thai National Security Council is expected to lift a state of emergency in Bangkok, almost two months after it was imposed to quell...
Southeast Asia overtakes China in FDI

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Southeast Asia overtook China in inward foreign direct investments (FDI) last year as China's workforce peaked and wages increased, according to the Bank of America...
Malaysia’s exports up 12.2% in January

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Malaysia's exports rose 12.2 per cent to 63.97 billion ringgit ($19.68 billion) in January 2014 while imports rose 7.2 per cent to 57.62 billion...