KUALA LUMPUR: Malaysia’s exports increased by 47.3% to RM92.31bil in May from a year ago, underpinned mainly by robust demand for electrical and electronic (E&E) products, according to the Minister of International Trade and Industry (MITI). In a statement on Monday, it said the E&E products were mainly semiconductors due to the increasing orders for […]
Read MoreExperts called for Vietnam to soon provide a legal framework for the securitization of bad debts. The central bank-run Vietnam Asset Management Company (VAMC), the Government’s debt management arm, said it is planning to launch the debt trading platform, the first of its kind in Vietnam, in the early third quarter. The move came after […]
Read MoreMANILA, Philippines — The global bottlenecks for shipping resulting in higher freight rates are expected to remain elevated until the third quarter of the year, weighing down on trading economies including the Philippines. In its weekly economic preview, market intelligence firm IHS Markit said the continued strong recovery in the global economy is followed by […]
Read MoreAn Asia-wide trade agreement likely to come into force by next year may cut Cambodia’s exports and lead to a surge in imports, according to some economists. Others are more upbeat about the trading outlook for the Kingdom. The Regional Comprehensive Economic Partnership (RCEP) will be the world’s largest free-trade bloc. After eight years of […]
Read MoreThailand’s manufacturing production index (MPI) in May rose for a third straight month, climbing 25.84% from a year earlier, lifted by higher production of automobiles, air conditioners and electronics, the Industry Ministry said on Monday. The reading, still coming off a low base last year, compared with a forecast for a rise of 19.55% in […]
Read MoreCambodia’s tourism industry is anticipating the return of travellers by the end of this year with a focus on traditional regional markets, particularly those from China, Korea, Japan, Thailand and Singapore, according to Alain Brun, the chief executive officer of Cambodia Airports. Government meetings with the tourism industry indicate stakeholders are eying an earnest re-opening […]
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