Viet Nam has the third lowest operating costs among nine countries in Asia, just behind Cambodia and Myanmar, according to Asia-Pacific’s leading business transformation consultancy TMX. Under the recent TMX report “The great supply chain migration – breaking down the cost of doing business in Asia,” the average total operating cost for a manufacturing company […]
Read MoreMANILA, Philippines — Retail prices of consumer goods in Metro Manila continued to pick up, hitting a six-month high in November, the Philippine Statistics Authority (PSA) said. The General Retail Price Index (GRPI) in the National Capital Region (NCR) in November grew by 2.3 percent, faster than the 2.1 percent rate in October. This is […]
Read MoreJAKARTA : Indonesia’s trade surplus likely shrank to the lowest in five months in December on slower growth in exports and imports, a Reuters survey showed, although Southeast Asia’s biggest economy is on track to post record exports for all of last year. The resource-rich country has been riding an export boom on the back […]
Read MoreKUALA LUMPUR: The ringgit has retreated from its gains over the past few days to open lower against the US dollar on Friday despite the weaker greenback, dragged down by the declining oil price, an analyst said. At 9.03 am, the local currency was trading at 4.1800/1830 against the US dollar compared with 4.1750/1775 at […]
Read MoreJapan wants to maintain Thailand as its key production base, agreeing on Thursday to move ahead with cooperation plans on green industry and advanced technological development. Deputy Prime Minister Supattanapong Punmeechaow and Japanese Minister of Economy, Trade and Industry Koichi Hagiuda witnessed two signings of memoranda of cooperation (MoC) on green industry and advanced technological […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) wants the expanded quota for pork imports extended until the end of this year to prevent a repeat of last year’s spike in meat prices. In an economic bulletin, Finance Undersecretary and chief economist Gil Beltran said President Duterte should enforce Executive Order (EO) 133 for 2022. […]
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