The Kingdom’s exporters have expressed deepening concerns about spiralling shipping costs, which could diminish this year’s trade figures if prolonged. Cambodia Rice Federation (CRF) vice-president Chan Sokheang told The Post on February 8 that while the cost of transporting goods to international markets has risen steadily since the Covid-19 outbreak, it has gained significant momentum […]
Read MoreLand prices in Greater Bangkok are projected to rise at a rapid rate in the second half of 2021, in part because of the forecast of an economic recovery. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said land prices in Greater Bangkok last year kept increasing, with a year-on-year rise of […]
Read MoreMANILA, Philippines — Global manufacturing has remained resilient, but stalling export growth threatens to weaken production capacity, an international research firm said. In a new research report, London-based market intelligence firm IHS Markit said even as output had been holding up last month, factories worldwide have been reporting that exports and purchases continued to be […]
Read MoreCybersecurity, consumer generation consideration, new business models and technology adoption through partnership are the key priority for digital transformation amid the pandemic, says Bluebik Group, a local tech consulting firm. “Many companies are gearing up for digital transformation fuelled by the pandemic amid volatile and uncertain situations,” Pochara Arayakarnkul, chief executive of Bluebik, told the Bangkok […]
Read MorePETALING JAYA: The recovery in Malaysia’s industrial output, which exceeded economists’ forecast in December last year, is expected to continue going into 2021. The manufacturing sector would be the biggest driver for the recovery, riding on the strong global demand for electrical and electronic (E&E) products. The pace of recovery, however, may be throttled […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects the current account position of the Philippines to revert to a deficit this year due to higher import demand. In a report, Nomura economist Euben Paracuelles said the Philippine’s current account balance may return to a deficit of 0.2 percent of gross domestic product this year after […]
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