Indonesia booked a US$743 million trade surplus in March as export and import activities contracted slightly amid the COVID-19 pandemic, Statistics Indonesia (BPS) has announced. Southeast Asia’s largest economy recorded $14.09 billion in exports in March, a 0.2 percent decrease year-on-year (yoy), while total imports fell 0.75 percent yoy to $13.35 billion driven by decreased […]
Read MorePUTRAJAYA, April 14 ― The unemployment rate in February 2020 increased to 3.3 per cent compared to 3.2 per cent in January 2020, said Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin. In February 2020, the number of those unemployed was 525,200 people, a 2.6-per cent increase compared to the previous month. “The unemployment rate […]
Read MoreMANILA, Philippines — US exporters continue to face barriers to expanding trade with the Philippines such as corruption, phytosanitary and sanitary measures, foreign investment restrictions, as well as concerns on intellectual property (IP) protection, the Office of the US Trade Representative (USTR) said. In its 2020 National Trade Estimate Report on Foreign Trade Barriers, USTR […]
Read MoreThe price of fragrant rice exports to international markets has doubled in the last month, from $50 to $100 per matrix ton, according to the Cambodia Rice Federation (CRF). However, the domestic market trading price for white rice, the most in-demand variety within the country, has remained stable. Explaining the disparity, CRF secretary-general Lun Yeng […]
Read MoreThe Hanoitimes – The economy is subject to a strong rebound of 7% GDP growth in 2021. Vietnam’s GDP growth is forecast to decelerate to a new low of 2.7% in 2020, but would remain ahead of regional peers, according to the International Monetary Fund (IMF)’s latest update in its World Economic Outlook in April. The […]
Read MoreIncreasingly desperate businesses have come up with creative ideas to meet customers’ needs and weather the COVID-19 downturn. Hospitality company Swiss-Belhotel International is offering a service it calls “Isolation Package in Indonesia”, where the hotel offers Wi-Fi, laundry and room service for those wanting to self-isolate during the pandemic. The rooms are being offered at […]
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Thailand
