MANILA, Philippines — Additional allocations from the International Monetary Fund gave the Philippines its second-biggest dollar surplus this year in August. What’s new The Philippines’ balance of payments position recorded a $1.04 billion surplus in August, 58.9% bigger than the surplus posted in the same month last year, the Bangko Sentral ng Pilipinas reported Thursday. […]
Read MoreLocal firms are taking advantage of opportunities from the deal at a time when trading activities are struggling with Covid-19 impacts. Despite the severe Covid-19 pandemic, Vietnam recorded a trade surplus of over US$1.44 billion to six markets in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), including the likes of Chile, Peru, or […]
Read MoreDomestic car sales in August plunged by 38.8% year-on-year to 42,176 units, the lowest in 15 months, due partly to the government’s lockdown measures, said the Federation of Thai Industries (FTI). The strict measures, including travel restrictions and a night-time curfew, lasted from around mid-July to the end of August before authorities relaxed some measures […]
Read MoreThere are indications that cane sugar from Thailand was imported into Vietnam through a third country. The Vietnamese Ministry of Industry and Trade (MoIT) will investigate the evasion of trade remedies of Thai cane sugar products, which are imported into Vietnam through Laos, Cambodia, Indonesia, Malaysia, and Myanmar. The move was made after the ministry […]
Read MoreWith Lucky supermarket advertising for more construction workers to build more stores, is this the start of the battle of the supermarkets? Lucky supermarket is advertising for contractors to carry out construction work on new stores being built in the Kingdom. According to its Facebook page, it has 15 stores throughout Cambodia with that number […]
Read MoreMANILA, Philippines — The government’s budget shortfall widened to P121 billion in August, three times more than the P40-billion deficit a year ago, as spending for COVID-19 measures, including social amelioration, increased following the revert to strict lockdown in Metro Manila. The Bureau of the Treasury yesterday reported that the budget deficit ballooned as expenditures […]
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Thailand
