The Hanoitimes – In Vietnam, demand for medical face masks and hand sanitizers has increased sharply on fears of potential outbreak of the new coronavirus (nCoV). Due to a surge in demand for medical face masks, China is seeking to import the product from Vietnam, according to Le Thanh Cong, deputy head of the Department of […]
Read MoreThe slowing world economy, widespread domestic drought and the deadly virus outbreak have prompted the private sector to lower the export forecast to a 1.8% contraction this year. Sanan Angubolkul, vice-chairman of Thai Chamber of Commerce, said representatives from many trade associations were consulted before the forecast of US$242 billion for export value was decided. […]
Read MoreThe authorities will suspend issuing car import permits to senior government officials, U Zaw Htay, spokesperson from the President’s Office, said during a press conference on January 31. “We are reviewing how such an incentive will impact the car market. Private businesses should not be disrupted and price should be stable. The government should not […]
Read MoreThe share of riel in circulation in the Kingdom grew by about 33 per cent year-on-year by last year’s end as deposits in riel increased by 37 per cent, said the National Bank of Cambodia (NBC) 2019 Review and 2020 Outlook report. The report noted a steady rise in demand for the local currency, with […]
Read MoreThe World Bank has warned that Thailand’s average annual economic growth will be stuck below 3% if there is no significant increase in investment and productivity growth. The recent growth slowdown suggests long-run structural constraints, with slowing investment and low productivity growth, according to the World Bank’s Thailand Economic Monitor report. Productivity growth fell to […]
Read MoreRepresentatives of workers and factory management are set to meet today after about 1,000 workers of Dignity Knitter Limited in Kandal province’s Sa’ang district went on strike to demand their missing wages. Pin Sophea, president of the Coalitions of Cambodian Apparel Workers’ Democratic Union at Dignity Knitter factory, said yesterday about 1,000 workers went on […]
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Thailand
