China’s lockdowns in big cities are having an adverse effect on the Thai manufacturing sector and its supply chains, with the problems likely to continue, warns the National Economic and Social Development Council (NESDC). The spread of the Covid-19 Omicron variant has led to the closure of Chinese deep-sea ports, paralysed major industrial hubs, and […]
Read MoreKUALA LUMPUR, May 23 — Malaysia’s food inflation is set to stay on an upward path in the coming months amid elevated global commodity prices, domestic supply chain disruptions and depreciation of the ringgit. MIDF Research said Malaysia, as a net food-importing country, is highly exposed to global shocks in the food supply-chain. ‘‘Global food […]
Read MoreThe World Bank’s Board of Executive Directors has authorized a USD 132 million project to boost climate-resilient transport connections and regional commerce along an east-west route in northern Laos. The Southeast Asia Regional Economic Corridor and Connectivity Project is designed to complement the Association of Southeast Asian Nations (ASEAN) Master Plan on Connectivity. The new […]
Read MoreMANILA, Philippines — Economists raised their inflation forecasts for the next three years due to the impact of the ongoing Russia-Ukraine war on global oil and food prices, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP). Zeno Ronald Abenoja, managing director of the Department of Economic Research at the BSP, said […]
Read MoreForeign traders and foreign organizations having e-commerce activities in Vietnam must establish representative offices or appoint representatives according to Vietnam’s regulations. This regulation is in the document of the Department of E-commerce and Digital Economy (Ministry of Industry and Trade) to foreign traders and foreign organizations having e-commerce activities in Vietnam about regulations of the […]
Read MoreThe non-oil and gas sector which contributed 51.2 per cent to the total gross value added (GVA) recorded an increase of two per cent while the oil and gas sector which contributed 48.8 per cent decreased by 4.8 per cent. The decline of the oil and gas sector caused Brunei Darussalam’s economy to grow at […]
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Thailand
