Romelda Ascutia
Vietnam’s 2018 exports hit $243B, up 13%
The export-import value of Vietnam in 2018 topped US$480 billion, up 11.1% year-on-year, said the Ministry of Industry and Trade (MoIT) in...
IMF downgrades global growth outlook for 2019
The International Monetary
Fund (IMF) has lowered its global growth forecast for 2019 to 3.3% in the newly
released World Economic Outlook (WEO)
report, down...
ASEAN finance ministers highlight actions to liberalize financial services
The finance ministers of ASEAN have reiterated the region’s commitment to pursue an integrated bloc and strengthen financial stability amidst heightened uncertainties...
New facility to mobilize $1B for ASEAN green infra dev’t
A new initiative was launched recently to spur more than US$1 billion in green infrastructure investments across the Association of Southeast Asian...
Asian growth remains solid but to moderate in 2019-20—ADB
Growth in developing Asia is projected to soften to 5.7% in 2019 and 5.6% in 2020 from 5.9% in 2018, in tandem...
Cambodia prepares counterplan as EU moves to impose sanctions
Cambodian Prime Minister Hun Sen on
March 29 announced a number of measures to boost economic independence and
support local exporters, given the possible...
ASEAN, Canada to work toward free trade deal
The Association of Southeast Asian Nations (ASEAN) and Canada have agreed to strengthen partnership and expand cooperation across three pillars—politics-security, economy, and...
World e-commerce sales surge to $29T
Global e-commerce sales grew 13% in 2017, hitting an estimated US$29 trillion, according to the latest numbers released by the United Nations...
Massive illegal drugs seized in Vietnam, Thai raids
Vietnam police seized about 300 kilograms of methamphetamine following a raid on a mansion in Ho Chi Minh City, while Thai law...
RoK seeks stronger economic ties with ASEAN
South Korea's Ministry of Trade, Industry and Energy has vowed to bolster the country's economic ties with Southeast Asia through free trade...