Laos posted a USD 48 million trade surplus in February 2022, with exports totaling USD 519 million and imports totaling USD 471 million. According to the most recent data from the Lao Trade Portal website, the total value of trade in February was USD 990 million, Xinhua reports. Laos’ primary exports were gold (in the form of bars), […]
Read MoreThailand’s economy is expected to grow 2.9% this year, down from a prediction of 3.9% seen in December, the World Bank said on Tuesday. Weakening global demand will slow growth in goods exports, while the fallout from the Ukraine-Russia war will weigh on domestic consumption, external demand and tourism, the agency said in a statement. […]
Read MoreNational oil and gas conglomerate PTT Plc expects to sell its coal mining business in Indonesia within the first half of this year as the company plans to focus more on clean energy and mobility. It is the right time for the sale as global coal prices have risen since the end of last year, […]
Read MoreIn Q2 due to high commodity prices MANILA, Philippines — The manufacturing sector in the Philippines and in Southeast Asia may slow down in the second quarter due to surging commodity prices as an effect of the Russia-Ukraine war. In a report, international think tank Pantheon Macroeconomics said that while manufacturing ended the first quarter […]
Read MoreTHE payment performance of firms in Singapore has shown improvement for the second straight quarter in Q1, said the Singapore Commercial Credit Bureau (SCCB) on Tuesday (Apr 5). “We are seeing a continued uptrend in the payment performance of local firms in the first quarter of 2022,” said SCCB chief executive Audrey Chia. That being […]
Read MoreThe Council of Ministers approved the draft law on food safety on April 1. Pan Sorasak, Minister of Commerce, said that the draft law is another important instrument to facilitate a better business environment in Cambodia. The Ministry of Commerce, which has also been promoting the food business, reiterated that all food vendors must work […]
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Thailand
