Thailand is estimated to forego about 50 million baht a day from inconvenient transportation of goods and strict security checks by Myanmar’s military administration. According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, the impact would be protracted to more than 1.5-2 billion […]
Read More“The Vietnamese manufacturing sector struggled to gain momentum at the start of 2021, as the ongoing effects of the Covid-19 pandemic and substantial disruption to supply chains hampered operations,” said Andrew Harker, associate director at IHS Markit, which compiles the survey. “The data suggest that while the Vietnamese economy remains one of the better performers […]
Read MoreThe Federation of Thai Industries (FTI) believes Thailand still has a chance to see 2.5-2.6% economic growth this year if the ongoing outbreak ends within March. The country may see lower figures if the government, which began relaxing measures against the the outbreak on Monday, fails to contain the spread, which is causing several hundreds […]
Read MoreKUALA LUMPUR: The recovery in the Malaysian manufacturing sector moderated in January due to rising Covid-19 case numbers and stricter restrictions to try and curb the further spread of the virus, according to IHS Markit’s survey. In its Malaysia Manufacturing PMI statement issued yesterday, the headline MPI – a composite single-figure indicator of manufacturing performance […]
Read MoreMANILA, Philippines — The Philippines may rebound from the pandemic-induced recession this year with a gross domestic product (GDP) growth of seven percent, but full recovery may only happen in the third quarter of next year, according to global banking giant Citi. “We keep our 2021 GDP forecast at seven percent and expect a return […]
Read MoreThe Eastern Economic Corridor Office aims to attract 300 billion baht in investment applications for the flagship Eastern Economic Corridor (EEC) this year. Deputy Prime Minister Supattanapong Punmeechaow, who chaired a meeting of a subcommittee on EEC policy, said on Monday the government is ready to come up with proactive approaches to achieve this target. The […]
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Thailand
