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Philippines: Trade gap widens in November 2018 as exports contract

MANILA, Philippines — An unexpected contraction in exports and the continued growth in imports widened the country’s trade deficit to $3.9 billion in November from the $3.28 billion gap a year earlier, the Philippine Statistics Authority (PSA) reported yesterday. The November trade deficit, however, eased from the record high $4.21 billion gap logged in October. PSA said exports fell 0.3 […]

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Cambodia: Kingdom’s rice exports down 1.5%

The Kingdom’s rice exports saw a 1.5 per cent drop last year compared to 2017 due to the industry’s lingering challenges – the cost of production and competition with the international market. Ministry of Agriculture, Forestry and Fisheries figures show that the country exported 626,225 tonnes of rice last year, decreasing 1.5 per cent from […]

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Vietnam: Foreign trade results to exceed forecasts

(VEN) – At a recent meeting of the Ministry of Industry and Trade (MoIT), Phan Van Chinh, Director of the Foreign TradeAgency, said the 2018 import and export value is expected to exceed forecasts and the targets set by the National Assembly. Satisfactory results Phan Van Chinh said that in the first 11 months of 2018, Vietnam exported more […]

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Malaysia: Factories hired more workers, higher salaries reported

KUALA LUMPUR: More workers were hired by the manufacturing sector in November 2018 while higher salaries and sales value were also recorded, according to the Statistics Department’s data. Its chief statistician Datuk Seri Mohd Uzir Mahidin said on Friday the total employees hired in the sector rose by 2% or  21,200  to 1.075 million workers from 1.054 million persons in November […]

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