phil03
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Philippines: Vehicle assemblers’ sales down 27% in October

MANILA, Philippines — Automotive assemblers saw their highest monthly sales in October since the start of the pandemic, but the figures were still down 27 percent from a year ago as both passenger cars (PC) and commercial vehicles (CV) registered declines. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers […]

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malay02
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Malaysia: Fitch Solution lowers Malaysia GDP forecast

KUALA LUMPUR: Fitch Solutions has downgraded its growth forecast for Malaysia this year to -5% from -4.5% previously, according to its client note on Monday. “Downward revision was prompted by the worsening third wave of coronavirus infections, posing risks to the ongoing growth recovery, ” it said. Domestic demand and investment are likely to remain […]

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vn01
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Vietnam trade surplus hits US$19.5 billion in Jan-Oct

The Hanoitimes – Vietnam’s trade turnover is likely to have reached US$440.09 billion in the January–October period, up 2.7% year-on-year. Vietnam reported an estimated trade surplus of US$2.94 billion in October, further expanding the trade surplus to US$19.5 billion in the January–October period, the General Statistics Office (GSO) has said in a monthly report. In October, […]

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