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Foreign firms with online services in Philippines must register with SEC

MANILA, Philippines — Foreign corporations whose services are available in the Philippines through online channels must register with the Securities and Exchange Commission (SEC). This includes every foreign company, especially those selling foreign currency, cryptocurrency and other digital assets. They make their products and services available to the country through their social media platforms such […]

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Thailand: Export outlook remains bright

The Federation of Thai Industries (FTI) has placed 10 export sectors in four groups based on the advantages they will gain from different stages of the pandemic, ranging from disease transmission to lockdown and slowdown periods. Exports from these sectors will gather momentum if there are no serious interruptions from the contagion’s spread in the […]

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Cambodia: Eight month exports valued at 11.08 bn

Cambodia’s exports in the first eight months this year saw a decrease, official figures showed. Its exports were worth  $11.086 billion, inching down 5.3 percent compared with the same period last year, according to a study by the Ministry of Commerce. The report did not specify the main markets that Cambodia’s products exported to during […]

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Philippines seen growing only 4.7% this year

MANILA, Philippines — Barcelona-based FocusEconomics expects a slower recovery for the Philippines in the next two years despite exiting the pandemic-induced recession in the second quarter. The think tank slashed anew its 2021 economic growth forecast for the Philippines to 4.7 percent from the original target of 5.2 percent and to seven instead of 7.1 […]

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Laos Sees Trade Deficit of USD 24 million in August

Laos recorded a trade deficit of USD 24 million in August, according to information from the Lao Trade Portal. LTP reports that exports from Laos in August totaled USD 428 million, while imports totaled USD 452 million, making it the lowest trade deficit this year. Major exports included copper ore, bananas, gold bars, cassava, clothing, coffee, […]

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