Indonesia booked a trade surplus of US$2.09 billion in May as imports fell steeper than the export slump against the backdrop of social restrictions worldwide and supply chain disruption, Statistics Indonesia (BPS) announced Monday. Exports plunged 28.95 percent year-on-year (yoy) in May to $10.53 billion, the lowest since July 2016, due to falling exports of coal, […]
Read MoreExports of vegetable and fruits fetched more than 1.5 billion USD in the first six months of the year, a year-on-year decline of 14.5 percent, according to the Ministry of Agriculture and Rural Development. China was the leading importer of Vietnam’s vegetable and fruit, holding a lion’s share of about 60.8 percent. However, exports of […]
Read MoreDespite the easing of stringent lockdown measures, the 3.6-trillion-baht retail industry remains far from a full recovery, and nearly all business operators in the sector are struggling to regain business. Some 10-30% of in-mall businesses have restarted since shopping malls were allowed to reopen on May 17 after being ordered closed on March 22 as […]
Read MoreCambodia is recommended for its low living costs, stunning scenery and fascinating history – ideal for expat retirees. The claim in a recent report by emigrate.co.uk. One important aspect in Cambodia’s favour, it said, is that visas are still comparatively easy to get for retirees as well as entrepreneurs and digital nomads. It suggests that elderly […]
Read MoreMANILA, Philippines — The Philippines faces possible sanctions from Paris-based anti-money laundering watchdog Financial Action Task Force (FATF) if it fails to pass key laws, including the controversial anti-terrorism bill, according to the Anti-Money Laundering Council (AMLC). The AMLC warned the Philippines may be included in the gray list if it fails to pass or […]
Read MorePRIVATE-SECTOR economists expect Singapore’s full-year gross domestic product (GDP) to decline by 5.8 per cent in 2020, with an 11.8 per cent year-on-year contraction in the second quarter, according to findings from the latest Monetary Authority of Singapore (MAS) survey of professional forecasters released on Monday. The Covid-19 pandemic has sent expectations south since the […]
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Thailand
