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Thailand: Shippers predict 8% export plunge

A shippers group forecasts Thai exports to fall by 8% this year, slightly better than the 10% contraction predicted in July, due to a gradual recovery in global demand. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council, said that if the country fetches US$19.5-20 billion a month in the remaining months of the year, […]

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Two way Cambodia-Japan trade dips by 7.42 percent

Bilateral trade between Japan and Cambodia fell by 7.42 percent to $1.346 billion from January to August 2020, compared with the same period in 2019, according to statistics released by the Japan External Trade Organisation (JETRO). Cambodia’s exports to Japan dropped by 5.3 percent, valued at $1.045billion in the first eight months of 2020, while […]

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Malaysia: Pandemic keeps consumers cautious about recovery

KUALA LUMPUR: Consumer sentiment is likely to remain cautious for the remainder of the year due to the lingering impact of the Covid-19 outbreak, says Kenanga Investment Bank Research. While private consumption continues to be determined by the government stimulus packages, a low interest rate environment and a possible consumer-friendly Budget 2021, the economy could […]

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