Despite a huge increase in approved foreign investments from US$1.9 billion to $3.3 billion during the period between October and March, the actual inflow of foreign direct investments (FDI) are lower. At US$500 million, the inflow of investment in the first quarter of the year fell short of last year’s US$800 million, said U Aung […]
Read MoreThe Hanoitimes – Record falls were seen in output, new orders, employment and purchasing amid company shutdowns and the cancellation of orders. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) posted 32.7 in April, well down on the reading of 41.9 seen in March which itself had signaled a record monthly deterioration in the health […]
Read MoreOf the 200 companies eligible to receive a government COVID-19 soft loan, just 20 qualify for funding of more than K100 million. These included firms in manufacturing, trading and industry. Out of the 70 tourism and hotel-related companies that qualified for financing, just one, Inle Princess, was eligible for a loan of K100 million and […]
Read MoreAll ASEAN countries are still fighting the coronavirus and there is no sign that the virus will disappear soon. The extent of the impact on ASEAN economies depends on how effectively the outbreak is contained. In this column I argue that the public health containment measures can cause a recession, but the lost economic growth can be recovered […]
Read MoreThai processed food exports are expected to recover in the third and fourth quarters this year after falling 13.3% in the first quarter. According to Visit Limlurcha, president of the Thai Food Processors Association, Thailand’s processed food exports fetched 120 billion baht in the first quarter, down from 138 billion baht in the same quarter […]
Read MoreThe two-way trade of Cambodia with Vietnam experienced a decrease during the first quarter of the year caused by the global pandemic. However, the trade volume with Thailand remained steady. From January to March, the bilateral trade between the two countries stood at $1.3 billion, down 8.2 percent over the corresponding period last year, according […]
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