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Thailand: Cross-border trade poised to hit B1.80tn

Despite slower economic growth in neighbouring countries and zero-Covid measures in China, Thailand’s cross-border trade is still expected to grow by at least 5% this year to 1.80 trillion baht, driven by greater demand for gasoline, edible oil, tyres and auto parts. Pitak Udomwichaiwat, director-general of the Foreign Trade Department, said the department remains bullish on […]

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Philippines: August inflation seen above 6%

MANILA, Philippines — Inflation likely remained elevated, staying above six percent for the third straight month in August due to rising global oil prices as well as increasing demand for goods and services as the economy further reopens from strict COVID quarantine and lockdown protocols, according to economists. Unionbank chief economist Ruben Carlo Asuncion said […]

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New projects to enhance Cambodia’s logistics capabilities

The intermodal transportation connectivity and logistics system master plan worth $48.6 billion will cover 332 projects consisting of seven projects that include master plans of logistics, roads, rails, waterways, ports and airways. Khmer Times explains how Cambodia will cope with it. The Ministry of Public Works and Transport (MPWT) has planned to develop four logistics […]

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