SINGAPORE (REUTERS) – Cargo ship arrivals in Singapore, the world’s top transhipment and bunkering hub, plummeted to their lowest in nearly three decades in May, while dragging sales of marine fuels to a three-month low, official data showed. As the coronavirus pandemic hit global trade, the number of cargo ships calling at the Southeast Asian […]
Read MoreThe Royal Government of Cambodia officially launched the online business registration system this morning aiming to improve the investment environment in the country. The event was chaired by Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance and participated by development partners, different associations and private sector representatives. New businesses can register on […]
Read MoreMANILA, Philippines — The government has recorded a decline in the importation of poultry meat and products which could help local raisers recover from the effects of the coronavirus pandemic. Data from the Bureau of Animal Industry showed that the volume of poultry meat imports declined by 23 percent from 43,000 metric tons in January […]
Read MoreIndonesia’s economy is expected to contract sharply in the second quarter this year as trade data show that both exports and imports nosedived in May amid a coronavirus-induced global economic slowdown. Economists have warned that falling imports in all goods categories point to lower demand and weaker manufacturing activities as well as investment, which will have a […]
Read MoreAuto makers are grappling with absent U.S. factory workers and Covid-19 cases at their reopened plants, complicating the companies’ efforts to recoup production lost to the pandemic. The impact on output has been minimal as many plants aren’t yet operating at full capacity, the companies said. Still, the challenges have required auto makers to adjust […]
Read MoreKUALA LUMPUR, June 16 — Malaysia’s unemployment rate could hit six per cent or even higher this year, worse than during the 1997 Asian financial crisis and 2008 Great Recession when unemployment rose to 3.2 per cent and 3.7 per cent respectively, said AmBank Group Research. The recent labour market data according to the research house suggested the health of the […]
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Thailand
