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Cambodia: Footwear exports slip 23% y-o-y to $323.8M in Jan-Mar

Cambodian exported “footwear, gaiters and the like; part of such articles” to the tune of $323.757 million in the first quarter of this year, down 23.18 per cent year-on-year (y-o-y) from $421.443 million, as indicated by provisional Customs (GDCE) data, in a downturn analysts claim could persist throughout the second quarter. This category of items, […]

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Philippines: Credit growth picks up in March

MANILA, Philippines — Credit growth picked up slightly in March after slowing down for three straight months as the aggressive rate hikes delivered by the Bangko Sentral ng Pilipinas (BSP) eat into bank lending. Preliminary data released by the central bank showed that loans disbursed by universal and commercial banks grew by 10.1 percent in […]

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Thailand: Eyewear sales set to rise by 5% this year

Thailand’s eyewear industry is expected to grow by 5% to 7.35 billion baht this year, after seeing a huge drop during 2020 and 2021. According to Phaphan Phadungkiatskun, managing director of Eyelink Vision Co, an importer and distributor of eyewear brands such as ic!berlin and Dior, Thailand’s eyewear market fully recovered last year, with double-digit sales […]

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