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Cambodia: Textile industry needs to align product mix

The Cambodian textile and apparel industry needs to align its product mix as per the international sourcing trends, backward integrate to reduce dependency on import and diversify its market mix, according to the objectives of the government’s Industrial Transformation Map for Textile and Apparel Industry 2023-2027 (T&A ITM). The map was designed and formulated based […]

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Malaysia’s total trade at RM232.7bil in March 2023

KUALA LUMPUR: Malaysia’s total trade for March 2023 amounted to RM232.7 billion, 1.6 per cent lower year-on-year, said the Department of Statistics (DOSM) today. Exports eased 1.4 per cent year-on-year to RM129.7 billion while imports fell 1.8 per cent year-on-year to RM103 billion, DOSM said in a statement. Chief statistician Datuk Seri Mohd Uzir Mahidin […]

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ADB sees potential if Philippines divests from coal

MANILA, Philippines — The Asian Development Bank reckoned that the Philippines is brimming with the potential to become a carbon exporter, but it would have to keep its distance from coal-fired energy. That was the assessment of David Raitzer, an economist at ADB, on Thursday at the launch of the multilateral lender’s new report “Asia in […]

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Policies take effect in Vietnam in May 2023

A string of fresh policies on land management, procedures for collection and payment of fines, investment of state capital in enterprises shall come into effect in May. Amendments of Law on Land implementation  Decree 10/2023/ND-CP dated April 3, 2023 amends a number Decrees guiding the implementation of the Law on Land. Decree 10 is expected to remove […]

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