MANILA, Philippines — After last year’s record-breaking economic devastation, the Philippines is off to a sluggish start in resuscitating a weakened economy and is unlikely to see a return to growth until the second quarter. “To be honest, this year will be a slow start and we will ramp up by the middle of the year […]
Read MoreKUALA LUMPUR: Malaysia recorded the highest exports of RM95.7bil in December, supported by both, re-exports and domestic exports, the Statistics Department said. In its statement on Friday, it said the exports in December 2020 were 10% higher from a year ago and exceeded the 6.6% rise forecast by analysts surveyed by Reuters. It was also […]
Read MoreThe Hanoitimes – The local authorities have taken measures to remove difficulties for import and export activities. The Vietnam Maritime Administration has requested the Ministries of Transportation, Industry and Trade, and Finance to launch an investigation into the rise in freight rates surcharge of shipping lines to Europe and the US. The request was made following […]
Read MoreIn view of the World Bank’s decision to increase interest rates from 0.7 percent to 2.8 percent the Cambodian government has decided to temporarily suspend lending from the international institution. Permanent Secretary of State of the Ministry of Finance and Economics Vongsey said, “This is unacceptable…and has forced us to decide to temporarily stop borrowing […]
Read MoreUp to 600 factories nationwide are being ordered to closely monitor their emissions to better curb air pollutants as the Industry Ministry steps up efforts to cope with PM2.5 ultra-fine dust, now blanketing most parts of Bangkok. The mandatory requirement, with a maximum fine of 200,000 baht for violators, will be enforced under a new […]
Read MoreThe Hanoitimes – Singapore was the largest investor in the first month of 2021 in Vietnam with an investment capital of US$680.7 million, or 33.8% of the total. Disbursement of foreign direct investment (FDI) capital in Vietnam reached US$1.51 billion in January, representing an increase of 4.1% year-on-year, a report of the Foreign Investment Agency (FIA) […]
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Thailand
