Southeast Asian businesses lose millions of USD due to haze
16:43 | 12/10/2015 Global Economy
Businesses in the Southeast Asian region suffer damages amounting to millions of USD as a consequence of haze pollution over the past month, according to a joint statement by the Singapore Business Federation (SBF) and the Indonesian Chamber of Commerce & Industry (KADIN).
TPP lays firm foundation for participants’ future prosperity
10:27 | 11/10/2015 Global Economy
The Trans-Pacific Partnership (TPP) deal is a big win for Australia, Prime Minister Malcolm Turnbull said at a press briefing on Tuesday, adding that the deal is a “gigantic foundation stone for participants’ future prosperity”. Australia’s Trade Minister Andrew Robb said the deal would bring Australia many new interests and business opportunities in the fast growing Asia Pacific region, marking a new era of growth.
Thailand’s exports predicted to drop 5 percent in 2015
15:16 | 07/10/2015 Global Economy
Thailand’s exports in 2015 are forecast to drop at least 5 percent due to slow global economic recovery and fluctuating exchange rates between the baht and other currencies, according to Nopporn Thepsithar, Chairman of the Thai National Shippers’ Council (TNSC).