Thai steel manufacturers are planning to increase their domestic prices following a rise in operational costs, from raw material prices and electricity bills to the higher daily minimum wage. The fuel tariff increase has caused steel producers’ power bills to rise by about 50%, said Pravit Horrungruang, adviser to the EAF Long Product Steel Producers Association. […]
Read MorePETALING JAYA: Following the European Commission’s (EC) recent proposal to ban all products made using forced labour, Malaysian companies that export their goods to the European Union (EU) need to improve the transparency in their supply chain. This can be achieved through investing in key tools to identify whether or not there is a risk […]
Read MoreAsean is expected to lead the world in terms of export growth from 2021 to 2026, followed by South and Central Asia, according to a report by global logistics provider DHL. Asean is forecast to see 5.6% export volume growth over the five-year period, trailed by South and Central Asia at 5% and sub-Saharan Africa […]
Read MoreINDONESIA’S President Joko Widodo’s popularity took a hit after his decision to increase fuel prices raised public discontentment over surging living costs, according to the latest opinion poll. His approval rating fell by 10 percentage points to 62.6 per cent from 72.3 per cent in August, based on Indikator Politik’s survey of 1,200 people conducted […]
Read MoreMANILA, Philippines — Pork and chicken continued to drive the country’s meat imports, which rose seven percent as of end-August. Latest data from the Bureau of Animal Industry (BAI) showed the country imported 851.84 million kilos of meat and meat products from January to August, higher than the 795.59 million kilos shipped in the same […]
Read MoreRobinhood, the food delivery company backed by Siam Commercial Bank, will introduce car-hailing services by the end of this year as it moves to become a “superapp”. Srihanath Lamsam, managing director of Purple Ventures Co, on Monday announced the tentative launch of Robinhood Ride service by year’s end. The move came after the Land Transport Department […]
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Thailand
