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Thailand: Car exports down 35% in first five months of 2020

Thailand’s car exports fell 35% year-on-year in the first five months of 2020 to 158.7 billion baht in value, pressured by the global economic slowdown and travel restrictions caused by the coronavirus crisis. The country exported 300,501 cars in the period, according to the Federation of Thai Industries (FTI) automotive club. Thailand produced 534,428 cars […]

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Philippines: Industry revenues down 4.9% in Q1

MANILA, Philippines — Industry revenues contracted by 4.9 percent in the first quarter as steep declines in earnings were seen in mining and manufacturing, the Philippine Statistics Authority (PSA) reported yesterday. The 4.9 percent decline in the Gross Revenue Index was a reversal of the 8.3 percent growth in the same quarter last year. Among […]

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