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Thailand: BoT, Finance Ministry wrangle baht

The Finance Ministry has discussed managing the baht’s movements with the Bank of Thailand in a bid to help exporters and recoup the economy amid a tourism slump. The export sector plays an important role in helping stimulate the economic recovery as the tourism industry remains battered by adverse effects stemming from the pandemic, said […]

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Car sales in Vietnam surge 15% in October

The Hanoitimes – Car sales in Vietnam in the January–October period dropped 18% year-on-year to 212,409 units across all segments. The number of cars sold in Vietnam in October increased by 22% month-on-month and 15% year-on-year to 33,254 units, which came on the back of strong growth of 32% inter-monthly in the sales volume in September, […]

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Cambodian exports show resilience

Cambodian exports reached approximately $11.714 billion, up around 18 percent, a figure only marginally lower than the same period last year (18.4 percent) according to socio-economic trend statistics compiled by the Ministry of Economy and Finance. The report stated that total exports of Cambodian products remain positive for 2020’s first eight months even though the […]

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