HANOI: Vietnam’s export-import turnover hit an estimated US$108.5bil (RM456bil) in the first two months of this year, up 13% compared with the same period last year, according to the General Statistics Office (GSO). The export revenue posted an increase of 10.2% to US$53.79bil (RM226bil). In January and February, nine export commodities recorded a turnover of […]
Read MoreGrowing concerns over the escalating war between Russia and Ukraine is causing the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to reassess Thailand’s economic prospects in 2022. The JSCCIB will have business leaders brainstorm to identify negative impacts caused by the conflict and subsequent sanctions on Russia, said Kriengkrai Thiennukul, vice-chairman of the […]
Read MoreMANILA, Philippines — The country’s manufacturing sector rebounded strongly, hitting a three-year high in February as COVID-19 cases dropped after the short Omicron surge. Market intelligence firm IHS Markit said the Philippines’ headline purchasing managers’ index (PMI) rose to 52.8 in February from 50 in January. The latest reading registered above the threshold that separates […]
Read MoreSINGAPORE, March 1 — Energy costs will be one key area where the conflict in Ukraine will affect Singapore, with pump prices for petrol and diesel here expected to rise, along with electricity rates for both businesses and households. Gan Kim Yong, Minister for Trade and Industry, touched on Russia’s invasion of Ukraine while speaking […]
Read MoreThe Vietnamese auto market will be busier when several foreign automobile companies invest in Vietnam. Skoda, a car company from the Czech Republic, is finding its way into the Vietnamese market by looking for domestic manufacturers and assemblers. Recently, Czech Ambassador to Vietnam Vítezslav Grepl and Skoda officials met with officials of the Vietnamese Ministry […]
Read MoreBased on the results of monitoring conducted by BPS in 90 cities, (the country) recorded a deflation of 0.02 percent , with IHK (the consumer price index) declining to 108.24 in February from 108.26 in January, Jakarta (ANTARA) – Indonesia recorded a deflation of 0.02 percent in February 2022, fueled by a decline in the prices of several […]
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Thailand
