MANILA, Philippines — The Philippines has long been ready to participate in the Regional Comprehensive Economic Partnership (RCEP), according to the head of the Department of Trade and Industry (DTI). “I think the Philippines has been ready for some time (for RCEP),” Trade Secretary Alfredo Pascual said in a television interview with ANC. “Our neighboring […]
Read MorePETALING JAYA: With food prices continuing to affect the lower income group, there are growing calls for price controls to be lifted and that prices be dictated by market forces. Most economists viewed price controls as a short-term measure but allowing market forces to come into play is a more realistic way of ensuring stability […]
Read MoreCambodia’s exports to neighbouring Thailand and Vietnam surged in January this year compared to the same period last year in sharp contrast to the country’s exports to traditionally strong markets such as China and the US declining during the period. According to the data of the General Department of Customs and Excise (GDCE), the exports […]
Read MoreBANGKOK, Feb 17 (Reuters) – Thailand’s economy unexpectedly contracted in the final quarter of 2022 as a rebound in the vital tourism sector was unable to offset falls in key sectors including exports and manufacturing. The planning agency responded by downgrading its outlook for this year. But the economy, Southeast Asia’s second largest, should not […]
Read MoreKUALA LUMPUR (Feb 17): Vehicles sold in Malaysia fell 36% to 49,461 units in January 2023, from 76,657 units in December 2022, as the month had fewer working days due to the Chinese New Year festivities, while a shortage of chips and components continued to dog certain makes. According to the Malaysian Automotive Association (MAA) in a […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) contracted for the fourth consecutive month in January, bogged down by declines in both electronics and non-electronics, data from Enterprise Singapore (EnterpriseSG) showed on Friday (Feb 17). The month’s NODX tumbled 25 per cent from a high year-ago base, deepening from December 2022’s 20.6 per cent decline on the year. NODX in […]
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