[BANGKOK] Thailand’s manufacturing production index (MPI) dropped a smaller-than-expected 0.54 per cent in October from a year earlier, with lower production of cars and clothes amid the coronavirus pandemic, the industry ministry said on Friday. That compares with a forecast for a decline of 1.80 per cent in a Reuters poll, and against September’s revised […]
Read MoreMANILA, Philippines — The Philippines may not be able to get out of the pandemic-induced slump until the health crisis has passed over most of the world, the World Bank said yesterday. In a presentation during the BusinessWorld Virtual Economic Forum yesterday, World Bank country director for the Philippines Ndiame Diop said the unique impact […]
Read MoreVietnam has set to be a bright alternative in Asia for US businesses amid the unprecedented challenges. Vietnam, one of few countries in the world that have controlled the Covid-19 and reopened the economy early amid global uncertainties, has gained positive sentiment among US investors. Moreover, the closer relationship has resulted in billion-dollar economic deals […]
Read MoreThailand’s economy is projected to recover slowly because of downside risks from domestic headwinds despite upbeat signals about Covid-19 vaccine development, says KKP Research. Although the economy gained traction in the third quarter, the economic recovery outlook remains fragile and uneven for different sectors and throughout Thailand, according to a report by KKP Research, the […]
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