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Thailand: Cross-border commerce drops 8.5%

Thailand’s cross-border trade fell 8.5% year-on-year in the first seven months, largely due to the closure of border checkpoints to prevent the spread of the coronavirus and the slowing economies of neighbouring countries. The Foreign Trade Department reported that overall cross-border trade, including transit trade, totalled 741 billion baht for January to July, with Malaysia […]

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Philippines: Trade deficit widens in July

MANILA, Philippines — The gap in the country’s trade balance further widened in July, the most in four months, as imports continue to outpace exports, the Philippine Statistics Authority (PSA) said. Total external trade in goods during the month amounted to $13.13 billion, from $12.137 billion in June. This, however, was still a decline of […]

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