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KITB Designated New Economic Zone

KITB Designated New Economic Zone

by Teuvo Tuomi | Jul 30, 2024 | Business, Economy, Exports, Indonesia, Manufacturing, News

Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan says the government has decided to designate the Batang Integrated Industrial Zone (KITB) as a special economic zone (SEZ). The KITB is set to benefit from certain incentives reserved for SEZs. “We...
Vietnam’s Exports Sector Keeps Booming

Vietnam’s Exports Sector Keeps Booming

by Teuvo Tuomi | Jul 29, 2024 | News, Business, Economy, Exports, Vietnam

Vietnam’s exports in July are estimated to have risen 19.1% in July from a year earlier to $35.92 billion, the General Statistics Office (GSO) says. Also the industrial production index rose in July, expanding 11.2% from a year earlier, . Vietnam has been...
Thailand’s Growth Hampered by Slow Export Recovery

Thailand’s Growth Hampered by Slow Export Recovery

by Teuvo Tuomi | May 8, 2024 | Economy, Exports, News, Thailand

Thailand’s economy is expected to grow 2.2-2.7% this year, down from a previous forecast of 2.8-3.3% due to a slow export recovery, the Joint Standing Committee on Commerce, Industry and Banking estimates. Exports, a key driver of the Thai economy, are now...
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