Thailand is planning a “relocation package” of incentives to attract foreign companies looking to move production from China, officials said, seeking to compete with Vietnam to woo manufac…
Economy
Malaysian investors attracted to Myanmar despite rift over Rakhine
Investors from Malaysia say they are attracted to Myanmar’s agriculture and other industries despite the rift between the two governments since the northern Rakhine crisis. “Malaysian businesses are k…
UK shifts trade policy on Myanmar to open markets further
Britain is signalling a shift in its trade policy on Myanmar to focus on opening up specific sectors where UK companies already have a foothold, including education, financial and professional service…
President Trump ordered US firms to ditch China, but many already have and more are on the way
President Trump rattled Wall Street when he demanded U.S. firms move production out of China. But many have already taken steps to do so, and, in earnings calls just over the past month, dozens of chi…
Trump Moves Ahead With New Tariffs On Chinese Products
WASHINGTON, (AFP): Washington moved ahead Sunday with new tariffs on Chinese imports as it stepped up a high-pressure campaign aimed at coercing Beijing to sign a new trade deal even amid fears of a f…
More than a trade war
The escalating trade war between the United States (US) and China has sometimes been characterised as what game theorists would call a prisoner’s dilemma. A prisoner might benefit by informing on anot…
Grab To Invest “Several Hundred Million” In Vietnam, One Month After US$2B In Indonesia
Grab is planning to pump in a huge investment of “several hundred million dollars” into Vietnam, which the ride-hailing firm recognises as their next important growth market. This comes just a month a…
Vietnam third most active startup ecosystem in Asean
Vietnam jumped from fifth to third in the list of most active start-up ecosystems in the six largest Asean economies in only two years. The change was from the first half of 2017 to the corresponding …
Nepal Supports Belt And Road Initiatives Forwarded By China: NCP Senior Leader Khanal
KATHMANDU: Nepal Communist Party (NCP) senior leader Jhalanath Khanal has said Nepal would support the Belt and Road Initiatives forwarded by China. While addressing the ‘Guangdong 21st Century Mariti…
Malaysia’s GDP grows 4.9% in 2Q, exceeding analysts’ forecast
MALAYSIA’S economy grew 4.9% for the April through June period, quashing analysts’ initial estimates while riding the global economic turmoil and trade firestorms. Higher household spending and privat…