MANILA, Philippines — International Container Terminal Services Inc. (ICTSI) of tycoon Enrique Razon expects to end the year on a positive note amid the decline in global trade activity brought about by the COVID-19 pandemic. The global port giant has fallen victim to the wrath of the pandemic in recent months due to lower trade […]
Read MoreThai AirAsia (TAA) expects to earn 40% of the revenue it tallied in 2019 this year. It is also looking for additional income from new business units. Santisuk Klongchaiya, chief executive of TAA, attributed the decrease to international travel restrictions to stem the pandemic. The country needs travel bubbles to support the whole tourism industry, […]
Read MoreThe Hanoitimes – Vietnam’s trade turnover is likely to reach US$489.1 billion in the January – November period, representing an increase of 3.5% year-on-year. Vietnam earned an estimated trade surplus of US$600 million in November and consequently an all-time high surplus of US$20.1 billion in the January–November period, the General Statistics Office (GSO) has said in […]
Read MoreThe Thai-Chinese Chamber of Commerce on Monday revealed that around 44.1 per cent of respondents in its latest survey projected the Thai economy would grow next year at less than 2.5 per cent, while 41.3 per cent forecast growth of 2.5-3.5 per cent. Chamber president Narongsak Putthapornmongkol said the survey on confidence in the Thai […]
Read MoreMANILA, Philippines — Economic outlook for Asia-Pacific countries, including the Philippines, is starting to “stabilize” after months of turmoil brought by the coronavirus pandemic, but uncertainty remains “unusually high” at this point, international debt watcher S&P Global Ratings said Monday. What has changed since the outbreak began engulfing economies in the past three quarters is […]
Read MoreThe Hanoitimes – The total number of newly-registered and reinstated enterprises in the eleven-month period reached 165,100, up 0.9% year-on-year, averaging 15,000 per month. Vietnam’s successful realization of the dual target in containing the Covid-19 pandemic and boosting economic recovery has led to further increase in new business formation by 7.3% month-on-month in November and 6.7% […]
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