The Foreign Trade Department has tightened measures regarding the issuance of a certificate of origin (CO) on Thai products at risk of circumvention by foreign companies. A CO is an international trade document which declares where commodities or goods were manufactured. Pitak Udomwichaiwat, director-general of the Foreign Trade Department, said his body recently announced 42 […]
Read MoreMANILA, Philippines — Filipino professionals are set to receive their highest pay raise since the pandemic fallout of 2020 as concerns surrounding pricier consumer goods and services and the war for talent rage in the local labor market. Based on an April and May survey of 6,945 organizations in Asia Pacific, with 385 companies in the […]
Read MoreEconomists have forecast Vietnam’s inflation will be kept at around 3.3-3.8% this year, similar to the National Assembly-set target of below 4%, adding that the pressure for 2023, however, remains huge and requiré appropriate response solutions. According to Deputy Director of the Vietnam Institute for Economic and Policy Research (VEPR) Nguyen Quoc Viet, inflation in […]
Read MoreThe World Bank has raised its growth forecast for Cambodia to 4.8 percent this year, up from its April projection of 4.5 percent, despite worsening global demand and rising commodity prices. Traditional export-oriented growth drivers, especially the garment, footwear, travel goods, and bicycle manufacturing industries as well as agriculture, continued to underpin Cambodia’s economic recovery, […]
Read MoreLaos reported a trade deficit of USD 166 million in August as it imported substantially more goods than it exported from the country. There has been an increase in the trade deficit by USD 52 since July. According to the latest information from the Lao Trade Portal website, the overall value of Laos trade was USD […]
Read MoreTHE total population of Singapore grew by 3.4 per cent over the past year to reach 5.64 million in June, with the easing of pandemic safety measures and travel curbs, the government’s annual Population in Brief report revealed on Tuesday (Sep 27). The growth reversed two consecutive years of population decline, but the figure remained slightly […]
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Thailand
