Many factories, including about 200 contracted factories that make sportwear for Nike Corporation, resumed production in Vietnam earlier this month. However, if this return is to be resilient and long-lasting, a range of changes to business practices and relationships may have to be realised. Nobel Kinder, Sustainable Development Director of Nike Corporation, committed to continuing to invest […]
Read MoreMANILA, Philippines — The Philippines is no longer at the bottom of the list in terms of economic reopening in Asia-Pacific, but its vaccination rate should still be fast-tracked to further achieve a stronger rebound. In the latest lockdown easing scorecard of London-based Oxford Economics, the Philippines ranked 10th among 14 major economies in Asia-Pacific […]
Read MoreLaos currently exports more than 6,423MW to other countries, mainly neighbouring countries, a senior official has said. Addressing the National Assembly recently, Minister of Energy and Mines Dr Daovong Phonekeo said several power plants are under construction that will generate electricity for sale to neighbouring countries and other ASEAN member states. However, billions of dollars […]
Read MoreOverall consumer spending during Loy Krathong is likely to remain sluggish this year because people remain concerned about the reoccurrence of Covid-19 outbreaks and relatively poor economic conditions. The latest survey by the University of the Thai Chamber of Commerce (UTCC) revealed that spending during the annual full-moon celebration, which this year falls on Friday, […]
Read MoreVietnam will need about 313 trillion VND (13.7 billion USD) to develop a modern seaport system between now and 2030, and the funding will mostly come from non-budget sources. During 2011 – 2020, about 202 trillion VND was poured into developing seaport infrastructure, accounting for 20.6 percent of total investment in transport infrastructure. Of the […]
Read MoreMANUFACTURING in Vietnam could stay subdued into early 2022, amid a Covid-19 outbreak, migrant worker shortage, higher cost of materials, and port logjams. Some production losses will also turn permanent, economists at BofA Global Research warned in a report on Tuesday (Nov 16), as they forecast an output gap of between 5 per cent and […]
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Thailand
