MANILA, Philippines — Car sales recovered in May after registering the lowest level in April as the government eased community quarantine restrictions. On a year-on-year basis, however, sales in May went down by 85 percent on weak demand for both passenger cars (PC) and commercial vehicles (CV). Data released yesterday showed that the combined sales […]
Read MoreRetailers and shopping centers should run an extensive public relation (PR) campaign regarding their property’s health and safety standards to lure consumers that are still reluctant to visit retail stores amid the COVID-19 pandemic, a survey shows. According to a study conducted by Nielsen Indonesia, 84 percent of regular shopping center visitors said they would opt […]
Read MoreSINGAPORE (REUTERS) – Cargo ship arrivals in Singapore, the world’s top transhipment and bunkering hub, plummeted to their lowest in nearly three decades in May, while dragging sales of marine fuels to a three-month low, official data showed. As the coronavirus pandemic hit global trade, the number of cargo ships calling at the Southeast Asian […]
Read MoreThe Royal Government of Cambodia officially launched the online business registration system this morning aiming to improve the investment environment in the country. The event was chaired by Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance and participated by development partners, different associations and private sector representatives. New businesses can register on […]
Read MoreMANILA, Philippines — The government has recorded a decline in the importation of poultry meat and products which could help local raisers recover from the effects of the coronavirus pandemic. Data from the Bureau of Animal Industry showed that the volume of poultry meat imports declined by 23 percent from 43,000 metric tons in January […]
Read MoreIndonesia’s economy is expected to contract sharply in the second quarter this year as trade data show that both exports and imports nosedived in May amid a coronavirus-induced global economic slowdown. Economists have warned that falling imports in all goods categories point to lower demand and weaker manufacturing activities as well as investment, which will have a […]
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Thailand
