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Cambodia: PAS extends export-container demurrage

Sihanoukville Autonomous Port (PAS) is extending the storage grace period from five to seven days from October 1 for export containers passing through the Kingdom’s sole deep-sea port, in a move met with generally positive response from local exporters. The two-day extension of the demurrage-free period was motivated by a meeting between PAS and representatives […]

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Philippines: Wholesale prices spike in July

MANILA, Philippines — The nationwide wholesale prices of consumer goods rose to an 18-month high in July, the Philippine Statistics Authority (PSA) said. The General Wholesale Price Index (GWPI) in the Philippines grew at 2.9 percent in July, faster than the 2.2 percent rate in June. This is also much quicker than the growth of […]

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Thailand: August exports up 8.9% y/y, below forecast

Exports rose a smaller-than-expected 8.93% in August from a year earlier, Commerce Ministry data showed on Friday. That compares with a forecast rise of 13.5% in August in a Reuters poll and follows July’s 20.27% increase. Earlier this week, Commerce Minister Jurin Laksanawisit said coronavirus restrictions had affected manufacturing and logistics. Source: https://www.bangkokpost.com/business/2187099/august-exports-up-8-9-y-y-below-forecast

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