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Thailand: Confidence falls to April 1999 levels

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 […]

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Brunei records 3.9pc growth in Q4 2019

Brunei 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 […]

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Covid-19 puts Vietnamese fashion retailers to the test

The 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 […]

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Cambodia: Federation for SMEs call for stricter importation regulation

Small 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 […]

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