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Asian markets drop on inflation, virus worries

AFP – Asian markets sank yesterday following big losses on Wall Street as inflation worries and the spreading Delta virus variant fuel worries about the global recovery, while oil prices also sank after top producers reached a deal to hike output. Hong Kong was the worst hit after the United States warned businesses about the “growing […]

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Thailand: Herb sellers told not to price gouge

Vendors could face up to seven years in jail or a fine of not more than 140,000 baht or both if they gouge prices of medicinal herbs, warned the Internal Trade Department. The department’s warning came after a surge in demand for medicinal herbs such as white galingale, ginger, galangal, kaffir lime leaves and lemongrass. […]

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Cambodia: New trading scheme may help the Kingdom’s exporters, Britain says

Cambodians are being encouraged to take part in the UK government’s public consultation on new trading rules that it says will help countries fight poverty. The UK Developing Countries Trading Scheme (DCTS) sets out the British government’s approach to preferential market access for developing countries, including simplified rules of origin requirements and lower tariffs. “The […]

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Philippines: Imported car sales up 55% in Jan-June

The sales of imported cars jumped in the first six months of the year, the Association of Vehicle Importers and Distributors Inc. (AVID) said on Monday. The importer group reported that car sales improved by 55 percent to 30,153 units in January to June from 19,509 units in the same period last year. AVID said June sales alone outpaced […]

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Cambodia: Non-textile industrial exports up 50%

Cambodia earned $1.8997 billion from the export of non-textile-based industrial products in the first half of this year, an increase of 49.9 per cent from $1.2672 billion in the same period of 2020, the General Department of Customs and Excise of Cambodia (GDCE) reported. The sound growth in the exports was a result of the […]

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