KUALA LUMPUR: Malaysia was ranked the second best-performing Asean country in the World Bank Logistics Performance Index (LPI) 2023, behind Singapore. According to The World Bank’s website, the LPI serves as a benchmarking tool to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do […]
Read MoreCambodia exported 176,581 tons of milled rice in the first quarter (Q1) of 2023, up 3.5 percent from 170,539 tons in the same period last year, the Cambodia Rice Federation (CRF) said in a report released on Tuesday. The Southeast Asian country made 126 million U.S. dollars in revenue from export of the commodity during […]
Read MoreThe growth of the number of new projects was much higher than that of investment capital, which demonstrated that small and medium-sized foreign investors continued to believe in the country’s investment environment, the FIA has said. HÀ NỘI — Việt Nam attracted 750 new foreign-invested projects, worth over US$4.1 billion in the first four months of this year, up 65.2 per cent in […]
Read MoreUNCERTAINTY and financial stability tail risks have increased both globally and in Singapore with the rise in global interest rates, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Wednesday (Apr 26). But it added: “For now, the swift and proactive response by policymakers to emerging vulnerabilities has been sufficient in […]
Read MoreThe Federation of Thai Industries (FTI) expects car manufacturing in Thailand to reach 2 million cars this year, close to the level recorded prior to the Covid-19 pandemic, despite concerns over the impact of costly electricity bills and banking problems overseas. The Automotive Industry Club under the FTI earlier set the 2023 production target at 1.95 […]
Read MoreMANILA, Philippines — Average electricity spot market prices for Luzon and Visayas markets are up this month, as rising temperatures pushed demand higher, according to the Independent Electricity Market Operator of the Philippines (IEMOP). In a virtual press briefing, data provided by IEMOP showed that the average wholesale electricity spot market (WESM) prices for Luzon […]
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