The Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. In an open letter released yesterday, GMAC said it has received commitments from only some buyers since its […]
Read MoreAn increase in the price index for vacant land near the extension of the northern section of the Green Line from Ku Kot to Lam Luk Ka, and along the Pink Line from Kae Rai to Min Buri, exceeded the average for Greater Bangkok for four consecutive quarters. “Construction of the Green Line from Ku […]
Read MoreIndonesia’s top fuel distributor, state-owned Pertamina, is offering a Ramadhan holiday fuel promotion for purchases of unsubsidized fuels amid the COVID-19 pandemic that has impacted people’s purchasing power. Pertamina’s latest promotion, which will run until May 31, grants customers a 30 percent discount of up to Rp 20,000 (US$1.32) when paying for unsubsidized fuels using […]
Read MoreMANILA, Philippines — Manufacturing slumped for the first time this year in March, a sign movement restrictions meant to contain the coronavirus has started grinding factories to a halt, beginning with smaller ones. The volume of production index, which gauges the quantity of merchandise produced by factories, declined 6.3% year-on-year in March, while value of goods […]
Read MoreDespite a huge increase in approved foreign investments from US$1.9 billion to $3.3 billion during the period between October and March, the actual inflow of foreign direct investments (FDI) are lower. At US$500 million, the inflow of investment in the first quarter of the year fell short of last year’s US$800 million, said U Aung […]
Read MoreThe Hanoitimes – Record falls were seen in output, new orders, employment and purchasing amid company shutdowns and the cancellation of orders. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) posted 32.7 in April, well down on the reading of 41.9 seen in March which itself had signaled a record monthly deterioration in the health […]
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Thailand
