MANILA, Philippines — The Philippine economy contracted for the third straight quarter with the gross domestic product (GDP) shrinking by six percent from July to September as mobility restrictions were extended due to rising COVID-19 cases, according to Moody’s Analytics. In its latest Asia Pacific economic preview, the research arm of Moody’s Investors Service said […]
Read MoreVietnamese companies need to meet the requirements of foreign firms if they want to participate in global supply chains from mid-2021 when the Covid-19 pandemic is expected to be under control, experts said. The difficult situation caused by the pandemic in the EU, the US and many other parts of the world is expected to […]
Read MoreBilateral trade between Cambodia and Japan was worth $1,548 million in the third quarter of the year, down 25 percent compared with the same period last year, according to a record by Japan External Trade Organization (JETRO). From January to September this year, Cambodia exported $1,208 million, down 5.6 percent compared with the same period […]
Read MoreMANILA, Philippines — Local vehicle and motorcycle production and sales were down from January to September, with demand still affected by the pandemic. Data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed the Philippines assembled 46,628 motor vehicles in the nine-month period, down 31.4 percent from 67,922 units in the same […]
Read MorePETALING JAYA: The government’s official guidance of a 6.5%-7.5% gross domestic product (GDP) growth in 2021 is largely in line with the forecasts of economists. After falling into a recession in 2020, the Malaysian economy is projected to stage a “V-shaped” recovery next year. However, economists cautioned that the pace of recovery would largely depend […]
Read MoreThe Charoen Pokphand (CP) Group can challenge the Trade Competition Commission’s (TCC) decision on the Tesco acquisition deal via the Administrative Court within 60 days, the commission said. The TCC ruled by majority in favour of the transaction, but imposed certain conditions, including a three-year ban on additional acquisitions in the same sector to prevent […]
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Thailand
