Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
Indonesia’s mining exports in limbo

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Indonesia's metal ore and concentrate exports have ground to a complete halt, government officials said on January 24, signalling the turmoil in the mining...
More Bangkok flights axed due to unrest

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As the unrest in Bangkok is carrying on, more flights to the Thai capital have been canceled as travelers increasingly shun the city now...
No-go areas in Bangkok announced

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Bangkok's police have announced the no-go areas in the city under the emergency decree on January 24, further stoking tensions between authorities and anti-government...
Thai tourism expects huge losses

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The invoking of the emergency decree in Bangkok and vicinities on January 22 for 60 days could cost the tourism sector about 10 billion...
UN: Philippine GDP growth seen at 6.2% in 2014

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A new report by the United Nations, the UN World Economic Situation and Prospects 2014 (WESP) report, expects the Philippine GDP growth to slow...
Indonesia aims at 15% more foreign investment

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Indonesia on January 21 set an ambitious target of attracting 15 per cent more foreign investment in 2014 than in 2013, a challenging goal...
IMF positive on Myanmar’s growth outlook

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The International Monetary Fund (IMF) said Myanmar's economic outlook remains favourable and projected that real GDP growth will rise to about 7.8 per cent...
Philippines, India fight for BPO pole position

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While India is still in the top rank of the global Business Process Outsourcing (BPO) industry, the Philippines are catching up rapidly, a new...
Indonesia investment expected to slow in 2014

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Indonesia expects investment to slow in 2014, as companies may hold off during an election year, providing less stimulus to an economy grappling with...
Myanmar spent 29% of budget for the army

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Myanmar, in its 2012-13 fiscal year, has spent 29 per cent of its entire budget for the defense forces, while the education sector received...
Malaysia opens its protected auto market

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The Malaysian government announced on January 20 it will allow foreign automakers to build smaller passenger cars in the country, a liberalising move aimed...
Angry Thai farmers want their rice back

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Thousands of upset rice farmers in Thailand have said they will block major roads in their home provinces as well as join the anti-government...
Philippines leading the BPO race in ASEAN

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The Philippines is seen leading the race in the business-process outsourcing (BPO) industry when the regional markets are about to integrate in 2015 within...
Philippine BPO sector thriving: Here’s the list

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The Philippine's business process outsourcing (BPO) industry is buoyant as ever and expected to create around 124,000 new full-time jobs in 2014, Pasig City...
SM Investments acquires 5 BPO buildings in Manila

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SM Investments, a holding company of Philippine billionaire Henry Sy, has completed the acquisition of five business process outsourcing (BPO) infrastructures in Bonifacio Global...
Thailand has become a major hub for gold

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Thailand saw a 57 per cent year-over-year rise in third quarter gold jewelry demand, and a 126 per cent year-on-year rise in bar and...
Philippines: Calling on a $25b BPO industry

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In Metro Manila’s Eastwood City, a pair of statues fitted with headsets pays homage to call center agents, the lifeblood of the Philippines’ BPO...
Why do Japanese businesses love the Philippines?

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Electricity costs are unreasonably high. Infrastructure is apocalyptical. Severe weather seasons and the country’s archipelagic nature make successfully navigating supply chains a case study...