Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
UAE seeks opportunities in Philippines, Malaysia

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An economic and commercial delegation headed by Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, is set to visit the Philippines and Malaysia...
Indonesia ore export ban: 570,000 lose jobs

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Indonesia’s controversial decision to ban exports of unprocessed minerals is triggering unintended but predictable consequences, as about 570,000 mining workers are losing their job. On...
Philippine jobless number crosses 12 million

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Despite GDP growth of 7.2 per cent in 2013, the number of unemployed Filipinos in the last quarter of 2013 swelled dramatically. The jobless...
Thai protesters target Shinawatra firms, shares drop

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In a strategy to hurt the rich Shinawatra family where is probably hurts most, anti-government protesters in Thailand have resorted to rally at buildings...
Vietnam bans use of Bitcoin

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The government and the State Bank of Vietnam do not recognise Bitcoin as a means of payment in the territories of Vietnam, a release...
Thai farmers to lay siege to Bangkok’s main airport

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Tens of thousands of farmers, traveling on more than 1,000 farm tractors in a long convoy from the upper northern and central provinces, on...
Brunei’s crude oil exports slump 34% in November

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Brunei's crude oil exports fell 34 per cent in November 2013 year-on-year, according to latest statistics from the Department of Economic Planning and Development...
Bad debt in Vietnam seen at 15% of loans

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Rating agency Moody's in a new report on Vietnam said that the country's non-performing loan (NLP) ratio is much higher than the official figure...
Thai tourism numbers stagnating

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International tourist arrivals to Thailand posted a razor-thin growth of 0.06 per cent in January 2014, according to the latest data from the Ministry...
Singapore’s 2013 growth revised to 4.1%

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Singapore's economy expanded by 4.1 per cent in 2013, an improvement on the 1.9 per cent the previous year, the government said on February...
Survey: Malaysia threatened by financial instability

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The Malaysian Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA) in their quarterly member survey said that dark clouds...
Real estate sector to drive GCC markets in 2014

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The real estate sector would be the driving factor for the GCC markets in 2014 underpinned by banking and financial services, Kuwait Financial Center...
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,...