Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
Thai economy under heavy pressure after coup

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Thailand's economy was already struggling before the country's military seized power in a bloodless coup on May 22, saying it needed to restore order...
Philippines drops in global competitiveness ranking

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The Philippines's competitiveness ranking fell four notches this year as the country still faces challenges in infrastructure, corruption and a high jobless rate, according to...
Thailand’s military takes over power – curfew all over the country

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Thailand's army chief Gen Prayuth Chan-ocha on May 22 announced a military coup two days after putting the country under martial law. Gen Prayuth...
Vietnam promises compensation for damaged factories

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Vietnam's government will provide compensation for factory owners whose buildings were damaged in anti-China protests in several cities in Vietnam on May 13-14, Vietnam...
Malaysia 12th most attractive to investors

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Malaysia moved up the world competitiveness ranking again, securing a spot in the enviable  top dozen and improving the country's attractiveness to investors. The...
Thailand faces backlog of 200 foreign direct investment projects

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Thailand's political turmoil over the last six months has caused a backlog of roughly 200 foreign investment projects awaiting government approval. The value is...
Record growth for Myanmar hotels in 2014 expected

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The thriving hotel market in Myanmar's economic capital Yangon is set for another year of record growth in 2014, according to property research firm...
Vietnam to establish fishing business with Indonesia

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Vietnam expects to sign a Memorandum of Understanding with Indonesia to support the plan of establishing a joint venture on fisheries business, Vietnam Ambassador...
Myanmar to face foreign investment competition from Cambodia, Laos

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Myanmar, Cambodia and Laos are the potential “hidden markets” of Southeast Asia for investment opportunities, a business study said, but they could end up...
Martial law in Thailand hurts currency, stocks, tourism

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Thailand's currency, the baht, and Thai shares fell on May 20 after the army imposed martial law in an attempt to restore stability. The...
Japan “gravely concerned” about developments in Thailand

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Thailand's biggest investor, Japan, expressed "grave concerns" after the Thai army imposed martial law on May 20. After several months of anti-government protests, generals...
China questions Vietnam’s commitment to foreign investors

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Anti-Chinese riots in Vietnam last week have raised doubts about its commitment to foreign investment, the state-run China Daily newspaper wrote on May 19,...
Thai army declares martial law, takes control of media

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Thailand's army on Tuesday morning declared martial law across the crisis-shaken country "to restore order" following months of anti-government protests that have left 28...
Middle East needs SME lending initiatives, says IMF

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Micro, small and medium enterprises (MSMEs) in the Middle East and North Africa present a large, untapped market for financial institutions willing to help...
Thai economy heading towards recession

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Thailand's economy shrank more than expected in the first quarter of 2014 as exports remained weak and domestic activity was battered by months of...
Philippines to become ‘trillion-dollar economy’

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The Philippines is set to become a "trillion-dollar tiger economy" by 2030 with its capacity to post long-term economic growth, Rajiv Biswas, Asia-Pacific chief...
Investors in Myanmar scared off by Buddhist nationalists

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Myanmar's rising Buddhist nationalism is taking an economic turn. Qatar's Ooredoo, which is scheduled to launch its mobile-phone service in Myanmar this July, has...
Malaysia’s first quarter GDP beats forecast

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Malaysia’s economy grew at the fastest pace in five quarters amid an export recovery, increasing scope for the central bank to raise interest rates...