The country’s feed-in tariff mechanism for rooftop solar energy projects, a policy tool designed to stimulate investment, is set to be abolished, according to officials at a workshop on Monday. The workshop on rooftop solar energy in industrial parks was held by the Vietnam Chamber of Commerce and Industry and the Green Innovation and Development Center […]
Read MoreMANILA, Philippines — The re-imposition of hard lockdowns in the capital and nearby provinces in August sent local factory output crashing to its lowest level in 15 months, derailing an already fragile recovery of the beleaguered manufacturing sector. A monthly survey of around 400 companies showed the Philippines’ purchasing managers’ index (PMI), a measure of […]
Read MoreJakarta (ANTARA) – The Indonesian government and the House of Representatives (DPR) have agreed to raise the lower limit of the national economic growth target for 2022 to 5.2 percent, from five percent earlier, according to Finance Minister Sri Mulyani Indrawati. The government and DPR reached the agreement during a working meeting to discuss the […]
Read MoreBrewers and purveyors are struggling as the current ban on alcohol enters its eighth week. Celebrated brewers Stone Head told Khmer Times that the uncertainty over the bans on alcohol across the country had forced it to lay off staff and temporarily suspend operations. Proudly brewed in Koh Kong since 2015, the company said it stopped making […]
Read MoreHarsh lockdown measures imposed last month were viewed as having limited power to contain the spread of Covid-19 due mainly to ineffective law enforcement, according to the Federation of Thai Industries (FTI)’s CEO survey. Up to 78.1% of 201 FTI executives in 45 industries said the measures, implemented since mid-July and covering more provinces last […]
Read MoreBy Chester Tay Malaysia’s manufacturing continued to contract in August though the downturn showed signs of moderating. IHS Markit’s purchasing managers index edged up to 43.4 in August from 40.1 in July, remaining below the 50.0 mark that separates contraction from expansion. Businesses reported sustained reductions in production and new orders. The latest rise in […]
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Thailand
