Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
New Thai election date set for July 20

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Thailand's Election Commission and the prime minister agreed on April 30 to hold a general election on July 20, but anti-government protesters who disrupted...
Dubai’s Expo 2020 to help boost region’s economies

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The economic impact of World Expo 2020 in the Middle East and North Africa (Mena) is valued $24.5 billion, according to a statement by...
Philippines seen to grow fastest among ASEAN-5

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The Philippine economy will likely grow the fastest among the ASEAN-5 nations in 2014 and 2015, the International Monetary Fund (IMF) said in a...
Thai investment in Myanmar slowing down

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Thailand's investment in Myanmar has started to lag behind other countries, and is likely to drop from second highest for accumulated value in Myanmar’s...
Jetro opens office in Laos to promote investment from Japan

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The Japan External Trade Organisation, or Jetro, on April 28 held an opening ceremony for its Laos office in the country's capital Vientiane. The new...
Burkina Faso seeks Singapore investment

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The West African state of Burkina Faso has asked Singapore businesses to invest in the country, it emerged during a visit by President Blaise...
General Electric, MetLife bag $1.8b Malaysia deals

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US engineering giant General Electric (GE) will supply engines to power new A330 aircraft for AirAsia X Bhd, the long- haul arm of Asia’s...
Japan’s investments in Southeast Asia surge

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Japanese companies' investments in Southeast Asia surged in 2013 to almost three times the amount invested in China, after relations between Beijing and Tokyo...
Vietnam wants TPP talks concluded ‘as soon as possible’

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Vietnam is eager to step up coordination with Brunei, Malaysia and Singapore to conclude the Trans-Pacific Partnership (TPP) negotiations as soon as possible, the...
Moody’s presents grim outlook for Thailand

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Thailand's GDP growth rates will likely slow to less than 3 per cent on average for 2014 and 2015, well below the average of...
Thai gov’t asks for more troops in Bangkok in anticipation of violence erupting

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The Thai government is to ask the army to deploy more troops in Bangkok as fears mount that the country's lengthy political crisis could...
S&P: Philippine banks ‘not prepared’ for AEC

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US rating agency Standard & Poor’s said it believed that banks in the Philippines were not yet prepared for the tougher competition that would...
Philippines, Hong Kong settle 2010 hostage row

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Hong Kong on April 23 scrapped travel sanctions against the Philippines after Manila offered an apology and compensation for a hostage tragedy almost four...
Anti-Obama protesters clash with police in Manila

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Philippine police armed with truncheon, shields and water hose on April 23 clashed with more than 100 left-wing activists who rallied at the US...
Myanmar trade deficit at record high

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Myanmar’s trade deficit has seen a new record high of $2.65 billion because of stronger imports in the recent fiscal year 2013-14, according to...
Cambodia’s foreign trade up 15%

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Cambodia's trade volume with foreign countries has increased by 15 per cent in the first quarter of 2014 even though the internal conflict between...
Indian IT firm plans new BPO centers in the Philippines

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Tech Mahindra, an information technology-business process outsourcing company based in India is expanding its footprint in the Philippines on the back of bright prospects...
Thai SMEs hardest hit by political volatility

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The Federation of Thai Industries (FTI) warned on April 21that at least 100,000 small and medium enterprises (SMEs) in the country will be forced...