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Thailand: Commerce Ministry ready to haggle

The Commerce Ministry is scheduled to meet manufacturers, modern trade operators and department stores on Thursday to ask for cooperation on lowering prices of essential goods for consumers, with a focus on food and daily use products to reduce the cost of living for people hurt by the pandemic. Local diesel prices, which is a […]

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Thailand: FTAs boost 2020 rubber shipments

Thailand is maintaining exports of rubber products and processed rubber as global demand surges, particularly for rubber products relating to virus protection such as rubber gloves and synthetic rubber used to make such gloves. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand’s outbound shipments of rubber products and processed rubber in the form […]

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Indonesian exports, imports contract slightly in ‘encouraging’ sign: BPS

Indonesia booked a US$743 million trade surplus in March as export and import activities contracted slightly amid the COVID-19 pandemic, Statistics Indonesia (BPS) has announced. Southeast Asia’s largest economy recorded $14.09 billion in exports in March, a 0.2 percent decrease year-on-year (yoy), while total imports fell 0.75 percent yoy to $13.35 billion driven by decreased […]

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Malaysia’s unemployment rate at 3.3pc as of Feb 2020

PUTRAJAYA, April 14 ― The unemployment rate in February 2020 increased to 3.3 per cent compared to 3.2 per cent in January 2020, said Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin. In February 2020, the number of those unemployed was 525,200 people, a 2.6-per cent increase compared to the previous month. “The unemployment rate […]

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