Thai shippers upgraded their export growth forecast to 6-7% this year from a 3-4% projection in December, helped by the global economic recovery, economic growth in major trading partners and healthy exports of industrial products such as automobiles, electrical appliances, equipment and parts, and oil-related products such as plastic pellets and chemicals. Chaichan Chareonsuk, newly […]
Read MoreKUALA LUMPUR: Malaysia’s labour force situation improved in March as the number of people employed increased in the services, manufacturing and construction sectors, the first time after 11 months. The Statistics Department said on Friday the number of people employed rose by 0.2% or 34,300 persons to 16.08 million from 16.05 million in February. There […]
Read MoreVietnam’s economy has shown signs of recovery but the world is still reeling in the fight against Covid-19. As such, Vietnam needs to be well prepared for any upheaval. Vietnam reported a GDP growth rate of 4.48 percent in the first quarter of 2021 compared with the same period last year, the same growth rate […]
Read MoreMANILA, Philippines — The number of unemployed Filipinos last March declined to its lowest level since the start of the pandemic last year, the Philippine Statistics Authority (PSA) said. The latest labor situation report of the PSA showed that the unemployment rate eased to 7.1 percent in March, equivalent to 3.44 million unemployed Filipinos in […]
Read MoreEuropean business leaders began the year positive and optimistic about Vietnam’s trade and investment environment, according to new data from the European Chamber of Commerce in Vietnam (EuroCham). EuroCham’s Business Climate Index (BCI) hit 73.9 points in the first quarter of 2021. This is the highest score recorded since the third quarter of 2019, before the […]
Read MoreThe construction sector faced unique challenges during the recent lockdown which ended yesterday, but there is legal recourse available to construction companies, including filing claims for force majeure (uncontrollable events) and change of law. Charles Amar, real estate law expert and vice-chairman of EuroCham’s Real Estate and Construction Committee, discussed these options during a virtual meeting hosted […]
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