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Vietnam: Steel consumption recovered strongly in November

The Hanoitimes – Vietnam’s steel production was less affected by the pandemic thanks to support policies from importing countries, including EU members. Steel consumption recovered strongly in November after falling in October, as the demand for house and factory repairs after the stormy period, and the favorable weather for construction activities supported sales in all three […]

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Thailand: Fewer trips seen as infections rise

A bleak economic winter is forecast for the New Year holiday as airlines are seeing declining bookings and the Tourism Authority of Thailand (TAT) estimates only 2.75 million domestic trips for the upcoming period. Nuntaporn Komonsittivate, head of commercial operations at Thai Lion Air (TLA), said tourism demand softened significantly because of a recent surge […]

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Thailand: Call for labour registration

The Federation of Thai Industries (FTI) supports the state plan to register all migrant workers and better manage their data records in response to the surge of Covid-19 infections among foreign workers. The move is part of efforts to cope with illegal entry of foreign workers into Thailand amid a growing worry over the spread […]

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Cambodia: Two investment projects approved by CDC

The Council for the Development of Cambodia (CDC) has issued investment certificates to NS Industrial Co., Ltd., and Lonso (Cambodia) Garment Co., Ltd., to invest in the production of cardboard boxes and clothes. The two new projects, with a total investment capital of $6.4 million, will be located in Khan Pursenchey, Phnom Penh capital, and […]

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Malaysia: Benign inflation in 2021

PETALING JAYA: While Malaysia is expected to escape deflation in 2021 and see increased price pressures in the coming months, experts think Bank Negara may avoid tightening the country’s monetary policy settings next year. According to CGS-CIMB Research, policymakers at the central bank are likely to remain cautious due to the uneven economic recovery. As […]

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