Vietnam records $19 billion trade surplus in August
Total exports and imports increased by 15.8 and 17.7 per cent, respectively, compared to the first eight months of 2023.
Economic Affairs
Car bookings in Bhutan spike after import ban ends
As of September 5, the State Trading Corporation of Bhutan Limited (STCBL) has logged 91 bookings. Among these, 15 are for the high-end Toyota Land Cruiser SUV, priced at Nu 24.89…
ADB launches new Philippine strategy, earmarks initial $24B
ADB said the lending plan seeks to balance its support for human development and climate change resilience with the country’s need for more infrastructure financing.
Financial institutions to rigorously assess Bhutan’s economic stimulus programme applications
The ESP initiative promises financial support, and low interest and mortgage free loans, aimed at re-invigorating the economy.
Indonesia-Africa Forum concludes with 32 business deals
The energy and food sectors were the major contributors in terms of deal value, the Foreign Ministry said, with the former accounting for agreements totaling US$1.5 billion,…
With ex-PM Mahathir as adviser, Malaysia’s four opposition states join forces to beef up lagging economies
the states of Terengganu, Kelantan, Kedah and Perlis – which call themselves the State Government 4 (SG4) – have formed investment firm SG4 Group to seek investments,…
India’s planned palm oil import tax hike could hurt Indonesia exports
India has consistently been the second-largest export destination for Indonesian vegetable oil products, buying 16 percent of the country’s total shipments last year, according…
Shandong-Taiwan fair boosts cross-Strait employment prospects
Shandong province unveiled 1,832 internship positions and 2,406 job opportunities at the 28th Shandong-Taiwan Economic and Trade Fair, which started Monday in the province's…
Thai businesses pulling out of Myanmar amid sluggish economy
Constant fighting between junta military and resistance groups is making operations in the country difficult.
Nepal’s economy limping as low consumer confidence bites
Banks are awash with liquidity. The foreign exchange reserve is at an all-time high. Interest rates have come down. Credit has started to pick up. The stock market is green,…