MANILA, Philippines — The country’s group of manufacturers is proposing stricter rules on product standards to protect consumers from substandard goods. Federation of Philippine Industries (FPI) chairman Jesus Arranza said there is a need for the Department of Trade and Industry (DTI) to have clearer and stricter provisions on products classified under mandatory and voluntary […]
Read MoreThe central bank has just evaluated its debt clinic scheme, which offered a rate cut and debt moratorium from April to September, and the committee in charge of the project was satisfied with the outcome, Thanyanit Niyomkarn, Bank of Thailand (BOT) assistant governor, said on Saturday. About 94 per cent of retail debtors were still […]
Read MoreBilateral trade between Cambodia and Thailand was worth $5.569 billion in the first nine months of this year, down 19 per cent compared to the same period last year, data from Thailand’s Ministry of Commerce show. Cambodian exports to Thailand were to the tune of $958 million, sliding 48 per cent, while imports were worth […]
Read MoreThe United States is Vietnam’s key export market. When U.S. consumers had to stay at home due to Covid-19 and slash spending, Vietnam’s exporters struggled. Yet as soon as those stay-at-home orders are removed, Vietnamese products have started to depart for the U.S. When Covid-19 reached the U.S. with hundreds of thousands of infected cases […]
Read MoreSINGAPORE’S factory output soared 24.2 per cent year on year in September, boosted by a near-doubling in output from the volatile biomedical cluster, Singapore Economic Development Board figures showed on Monday. This was far in excess of economists’ expectations of 2.5 per cent growth, and up from August’s upwardly-revised figure of 15.4 per cent growth. […]
Read MoreThe government maintained its projection that the Cambodian economy would contract around 1.9 per cent this year and rebound next year to 3.5 per cent growth, according to the minutes of the Council of Ministers Plenary Session released on Friday. This scenario would put the Kingdom’s 2021 gross domestic product (GDP) at 117.939 trillion riel, […]
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