MANILA, Philippines — Manufacturing output continued its massive rebound streak in July, registering three-digit gains for the fourth consecutive month largely due to low base effects and supported by economic activities prior to renewed mobility curbs. Factory output, as measured by the Volume of Production Index (VoPI), surged by 538 percent in July, coming from […]
Read MoreEuropean businesses still hold high hopes for Vietnam’s prospects. The current Covid-19 outbreak and restriction measures have forced 18% of orders from European firms in Vietnam to move to others countries, 16% are considering doing so, but no one is looking to leave the country. Chairman of the European Chamber of Commerce in Vietnam (EuroCham) […]
Read MoreInvestments in logistics and industrial real estate in the Asia Pacific will double in the next three to five years as investors look to increase exposure to the asset class, Jones Lang LaSalle has forecast in a recent report. It expects the figure to rise to US$50-60 billion from the current $25-30 billion. Logistics and […]
Read MoreBorder trade infrastructure between Gia Lai province and Cambodia’s localities sharing the same border line will be developed to promote goods trading and exchange activities under a programme to develop Vietnam’s border trade infrastructure to 2025, with a vision to 2030. The People’s Committee of the Central Highlands province of Gia Lai has just issued […]
Read MoreMANILA, Philippines — The Philippine economy contracted at a softer pace of 3.9 percent in the first quarter, the Philippine Statistics Authority (PSA) reported yesterday. The PSA said the country’s gross domestic product (GDP), a measure of economic output, shrank by 3.9 percent in the January to March period, smaller than the 4.2 percent reported […]
Read MoreSINGAPORE condominium resale volumes rebounded in July after falling for two consecutive months. Overall prices meanwhile, continued to climb, according to flash figures from SRX Property on Tuesday. Gains in overall resale volumes and prices were driven by demand for condos in the suburban or outside of central region (OCR). The OCR had contributed to […]
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Thailand
