• This year will be crucial for global economy: ADB

      01/01/1900
    Financial crisis in Europe could escalate and along with slow
    recovery in the US, this year will be crucial for global economy but
    Asian nations must continue long term structural reforms while
    insulating the region against the troubles, ADB said.  
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  • China's trade surplus with rest of the world has largely disappeared

      01/01/1900
    America's economic
    imbalance with China has been a singular concern of policymakers for
    more than half a decade. Sens. Charles E. Schumer and Lindsey Graham
    wanted to punish China for pegging the exchange rate to the dollar in
    2005 - arguing that its policy of cheapening the currency to subsidize
    exports was fueling a huge trade surplus that cost US jobs.
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  • Cambodia snaps up Vietnam plastics

      01/01/1900
    Plastics exports to Cambodia earned 20 million USD in the first quarter of this year, reported the Vietnam Plastic Association.  
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  • Asia Currencies Rise This Week as U.S. Recovery May Spur Exports

      01/01/1900
    Asian currencies had a weekly gain,
    led by Taiwan’s dollar, as upbeat U.S. economic data brightened
    the outlook for regional exports and prompted investors to favor
    riskier assets.  
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  • Fuel price hike to hit struggling business

      01/01/1900
    HCM CITY — Businesses already struggling to
    survive in both domestic and international markets are going to be very
    hard hit by the second rise in fuel prices in less than two months,
    economists say.
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