Consumer confidence plunged to an almost 21-year low in February as people remain gravely concerned about the coronavirus contagion, compounded with widespread droughts, the delayed fiscal 2020 budget, the domestic economic slowdown and the PM2.5 pollution plague. On Thursday, the University of the Thai Chamber of Commerce (UTCC) reported the consumer confidence index dropped to […]
Read MoreDespite the gradual resumption of border trade between Myanmar and China via Muse in Shan State, the weakening of China’s currency has hit earnings of the traders, say officials in Muse. According to U Min Thein, vice chair of the Muse Rice Wholesalers Association, as of March 10, the volume of cross-border trade has now […]
Read MoreBrunei Darussalam’s economy in 2019 grew by 3.9 per cent which was attributed to the growth of both the Oil & Gas Sector and Non-Oil & Gas sector by 4.9 per cent and 2.5 per cent respectively. The overall growth was achieved after the gross domestic product (GDP) in the fourth quarter of 2019 (Q4 […]
Read MoreThe Hanoitimes – Vietnamese large fashion houses may suffer more heavily than small ones if Covid-19 lasts more than six months. Similar to the logistics and tourism industries, many enterprises in the textiles and garments industry are facing difficulties and bearing heavy losses as the new coronavirus epidemic is striking hard their operations in domestic and […]
Read MoreSmall and medium enterprises (SMEs) have called for stricter importation requirements for all finished products, citing the uncontrolled importation is negatively affecting Cambodia’s SMEs ability to produce their own value-added products. Finished products are goods that have completed the manufacturing process but have not yet been sold or distributed to the end-user. The government’s Industrial […]
Read MoreThe government is speeding up the disbursement of training funds for workers on top of announcing individual and corporate tax breaks, as well as relaxing import restrictions to cushion the economy from the COVID-19 pandemic. Presidential Regulation No. 36/2020, issued last week, will expedite the government’s preemployment card initiative, which will subsidize training programs for […]
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Thailand
