SINGAPORE – Retail sales are still not out of the woods, as takings at the till fell again in September, according to the Department of Statistics (SingStat) on Thursday (Nov 5). Sales fell 10.8 per cent in September compared with the same month last year, a steeper decline than the revised 5.4 per cent drop […]
Read MoreThe Hanoitimes – Vietnam’s manufacturing purchasing managers’ index has risen a lot more quickly and strongly than the rest of ASEAN. Vietnam and Singapore are reporting a faster-than-expected V-shaped recovery compared to the rest in the Southeast Asian region, according to Singapore-based Business Times, citing a report from Malaysia’s largest bank Maybank Kim Eng. Maybank’s report suggested […]
Read MoreVIENTIANE (XINHUA) – The Lao government has pledged to remove barriers and further improve the business climate in a bid to attract more investment from Laos and foreign countries. The government intended to address economic issues and attract more investment from the private sector, Vientiane Times yesterday quoted Lao Deputy Prime Minister and Minister of […]
Read MoreDespite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery, stated economist Nguyen Minh Phong. The Vietnamese government targets economic growth of 2% to 3% in 2020, 6% in 2021, however, it remains quite modest compared to positive assessment from international organization and […]
Read MoreMANILA, Philippines (UPDATE 10:29 a.m., Nov. 5)— Tight pork supplies and rising tuition that came with schools restarting classes fueled inflation to hit a 3-month high in October, a kind of price pick-up that hardly reflected consumption finally getting its groove back from the damage caused by pandemic-induced lockdowns. Prices of basic goods and commodities, as measured by the […]
Read MoreThailand’s cross-border trade, including transit trade, fell by 4.88% year-on-year in the first nine months of 2020, spurred on by the pandemic and the slowing economy. The Commerce Ministry’s Foreign Trade Department reported on Wednesday that overall border and transit trade totalled 968.87 billion baht, with Malaysia registering as the biggest partner by value and […]
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