Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
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...
‘Onshore trend’: BPO business getting a hit

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Business process outsourcing (BPO) companies, specifically those in the contact center space, are reversing the trend of moving most outsourced work to low-cost locations...
Thai ex-finance minister harshly attacks government (see full letter)

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Thailand's ex-finance minister, ex-foreign minister and former head of the Bank of Thailand, Pridiyathorn Devakula, in an open letter issued on February 6 to...
Singapore manufacturing rebounds in January

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Manufacturing activity in Singapore rebounded in January 2014, after a contraction in the previous month, boosted by a resurgence in the electronics or tech...
Who pays the highest salaries in the Philippines?

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Managers working in the oil and gas industry are the highest paid employees in the Philippines, according to the annual salary report of recruitment...
Thai credit rating under scrutiny by Fitch

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The February 2 election in Thailand has failed to ease political tension and if the five-month political stand-off worsens, it could raise the risk...
Illicit money flows cost Philippines dearly

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A study by US-based anti-graft watchdog Global Financial Integrity (GFI) said a record high of $25.8 billion came into the Philippines illegally in 2011,...