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Indonesia to build US$116m vehicle test site
JAKARTA: The Transportation Ministry aims to finish building a 1.64 trillion rupiah (US$116.5mil), international standard motor vehicle “proving ground” within the next four years to help Indonesian automakers capture the South-East Asian market.
German exports rise less than expected in October
BERLIN: German exports rose by less than expected in October but foreign trade still gave Europe’s largest economy a boost at the start of the fourth quarter as it struggles to avoid slipping into a double-dip contraction.
China's exports surge on hot demand for PPE, remote working tech
BEIJING: China's exports rose at the fastest pace in almost three years in November, as strong global demand for goods needed to ride out the pandemic landed the world's second-largest economy a record trade surplus.
China's exports, imports seen expanding at faster pace in November
BEIJING: China's exports and imports are expected to rise at a faster pace in November, helped by strong demand and coronavirus-related disruptions at factories in other countries, a Reuters poll showed on Friday.
Ringgit to stay firm against the US dollar
PETALING JAYA: The ringgit is expected to stay firm against the US dollar at the 4.07-4.10 levels by year-end.
Vietnam inflation cools in November to slowest this year
HANOI, Nov 29 (Bloomberg): Vietnam reported its slowest inflation this year while exports rose in November even as the coronavirus pandemic continues to hinder trade activity, according to the General Statistics Office in Hanoi.
October exports up 0.2% to RM91.1b, exceed forecast
KUALA LUMPUR: Malaysia's exports in October rose by 0.2% to RM91.10bil, exceeding a Bloomberg survery of a 0.4% decline, underpinned by rubber exports, palm oil agricuture products and electrical and electronic (E&E) products.
Thailand's exports to drop 7 per cent this year: ministry
BANGKOK (Xinhua): Thailand's Ministry of Commerce has said Monday (Nov 23) that Thai exports are expected to fall 7 per cent this year.
Emerging Markets: Singapore stocks hit 8-month high as economic outlook brightens
SINGAPORE Nov 23 (Reuters): Singapore shares climbed over 1% to a more than eight-month high on Monday after GDP data showed the economy is set to return to growth next year, while broader emerging Asian markets were lifted by hopes for imminent coronavirus vaccines.
Govt hopeful after a rocky Trump era
Vietnam is looking to reset its volatile relationship with the United States after finding itself caught in the middle of Donald Trump’s economic confrontation with China.