MANILA, Philippines — The growth in Philippine manufacturing activity eased to a three-month low in February amid supply chain concerns and higher costs. In a report released yesterday, S&P Global said the country’s purchasing manager’s index (PMI) remained on expansion mode but slowed to 52.7 in February from 53.5 in January. “The latest reading signaled […]
Read MoreJakarta: The government has reaffirmed a target to bring at least 30% of exporting companies’ earnings into the country with a set of new policy tools to be introduced in March. Coordinating Economic Minister Airlangga Hartarto said that based on data provided by the Finance Ministry and Bank Indonesia (BI), the 30% figure was achievable […]
Read MoreThe average airfare for flights connecting key cities in China and Thailand remains 1.5 times higher than pre-pandemic prices, while for second-tier cities fares have surged 200%, which means low-priced tours cannot return, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said even though average airfares have decreased from last year, prices […]
Read MoreWIth the launch of the World Logistics Passport initiative in Việt Nam, the domestic logistics sector will reap more successes, optimising and sharing the interest of the programme amid extensive international integration. HÀ NỘI — Việt Nam will be an important logistics and trade hub of the World Logistics Passport (WLP) network, given the country’s […]
Read MoreGet a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing financial technology to make this possible. Cambodia-based Boost Capital, a […]
Read MoreINDONESIA, the world’s biggest palm oil exporter, plans to require crude palm oil exports to go through a futures exchange in order to create the country’s own benchmark price, the head of its commodity futures regulator said on Thursday (Mar 2). Authorities are developing a trading scheme for crude palm oil which aims to launch […]
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Thailand
