Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
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,...
Cambodia’s rice exports to EU under fire

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Amid falling local production in Italy, officials there are calling on the European Union to scrap a preferential trade agreement that gives Cambodia’s rice...
Indonesia’s exports surged in December 2013

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Indonesia posted its third straight monthly trade surplus in December 2013 and its biggest in two years, the country's statistics bureau said on February...
Gunshots, bombs, clashes in Bangkok (video)video

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Pro- and anti-government protesters clashed on February 1 - one day before Thailand's snap elections on Sunday - at around 4pm in Bangkok's Laksi...
Laos to revamp zero-import duty policy

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The Lao government plans to tighten measures on items subject to zero duty brought into the country by investors and development firms, the Vientiane...
Thai government defaults on paying off rice farmers

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The caretaker government in Thailand is unable to pay off rice farmers as promised by the end of January because it was unable to...
Philippine economy strongest since 1950s

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The Philippines in the last quarter of 2013 capped its strongest two years of growth since the 1950s, when the country enjoyed a post-war...
Investor confidence in Malaysia falling

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Investors have begun to shy away from Malaysia as rising inflation and a broad retreat from developing countries hurts one of Asia’s most favoured...
China becomes largest investor in Laos

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China has become the largest investor in Laos with over $5 billion invested in the country, surpassing Thailand, Chinese Ambassador to Laos Guan Huabing...
Thailand breaking up? Red Shirts want capital Chiang Mai

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The pro-government red shirt movement in Chiang Mai province said it has prepared a retreat for caretaker Prime Minister Yingluck Shinawatra should the Thai...