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Philippines: Vehicle sales skid 15% in January 2019

MANILA, Philippines — Local vehicle assemblers registered a 15 percent decline in sales in January from a year ago on continued weak demand for cars. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) released yesterday showed total vehicle sales reached 26,888 units in January, down […]

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No quick gains seen from chairing Asean

WHILE THE Thai government has a list of up to 12 economic deliverables as it chairs Asean this year, business leaders are not sure its work this year will benefit the private sector in the near future.  Arin Jira, chair of the Asean Business Advisory Council (Asean-BAC), commended the government for setting a progressive agenda […]

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Laos, China ink $4.5 million deal on cooperation projects

THE Lao and Chinese governments have signed a funding agreement designed to finance a range of projects under the Mekong-Lancang cooperation framework. Deputy Minister of Foreign Affairs Thongphan Savanphet and Chinese Ambassador to Laos Jiang Zaidong on Friday signed the agreement on the Mekong-Lancang cooperation special fund for 2018 at the Lao Ministry of Foreign […]

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