As tourism-reliant Thailand struggles with a collapse in foreign visitors, the country’s auto sector is picking up some of the slack with the value of car exports tipped to surge to a record this year as the global economy reopens. As tourism-reliant Thailand struggles with a collapse in foreign visitors, the country’s auto sector is […]
Read MoreMANILA, Philippines — The country’s total savings last year dropped to P4.43 trillion as consumers and businesses were forced to tap their kept resources to survive the pandemic. Latest data from the Philippine Statistics Authority (PSA) showed that gross savings in 2020 declined 28 percent from the 2019 level of P6.15 trillion. Non-financial corporations contributed […]
Read MoreThe government is drawing up a national policy to strengthen Cambodia’s capacity to grow, process and export cashew products. The Ministry of Commerce (MoC) held an internal meeting to review and collect input on the draft. It was chaired by the ministry’s Secretary of State Reach Ra, who is also deputy chairman of the Cambodian […]
Read MoreKUALA LUMPUR, June 30 — Malaysia’s trade performance in 2021 has indicated a strong productive recovery with trade having grown by 43.2 per cent to RM190.76 billion, said International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali. He said the performance, recorded in April, is a marked improvement compared to April last year. “Exports […]
Read MoreHanoi and Ho Chi Minh City are proposing a series of solutions to impose extra tax after a recent request from the prime minister to readjust the real estate market to limit investment flows into unused property from speculation. Hanoi Tax Department this month proposed to subject a 5 per cent tax on the contract […]
Read MoreCross-border trade rose more than 29 per cent in May, increasing for the fifth consecutive month, the Commerce Ministry reported on Tuesday. Total trade of 677.078 billion baht represented a rise of 29.15 per cent, with exports up 33.6 per cent to 408.3 billion baht and imports up 22.93 per cent to 268.777 million baht. […]
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Thailand
