PETALING JAYA: Malaysia’s industrial output contracted in April amid the deterioration in export-oriented industries and slower domestic economic growth. According to the Statistics Department, the country’s industrial production index (IPI) fell 3.3% year-on-year (y-o-y) in April 2023, after growing 3.2% y-o-y in the preceding month. The decline in the April IPI was driven by contraction […]
Read MoreA series of activities, including the Vietnamese Goods Week programme, as well as business networking and lychee testing events, have taken place in the island nation. SINGAPORE — The Vietnamese Trade Office in Singapore is working to promote the export of Vietnamese fruits, particularly longan and lychee, to Singapore. Accordingly, a series of activities, including […]
Read MoreLOCAL business sentiment has hit a two-year low for the third quarter of 2023, amid a worsening outlook for the manufacturing and wholesale sectors. Data from the Singapore Commercial Credit Bureau (SCCB) released on Monday (Jun 12) showed its quarterly Business Optimism Index falling to +3.98 percentage points for Q3 2023 from +4.60 percentage points […]
Read MoreCambodian Prime Minister Hun Sen said here Sunday that the country’s economy is expected to achieve a 5.6 percent growth rate in 2023, up from 5.2 percent in 2022. Peace, together with the successful control of the COVID-19 pandemic, has laid a strong foundation for the Southeast Asian country to recover its economy from the […]
Read MoreSome traders are attributing the high price of chicken eggs to a shortage of supplies at farms caused by the replacement of old hens and a rise in export demand. Wanchai Rungmitcharatsaeng, 65, owner of an egg shop in Khon Kaen’s Muang district, said on Sunday that he has been running his business for more than […]
Read MoreAN official of the Department of Trade and Industry (DTI) said the government’s Philippine Export Development Plan (PEDP) is essential for investments. In a recorded video interview with The Manila Times, DTI Assistant Secretary Allan Gepty said the plan, which covers 2023 to 2028, is the country’s strategic roadmap in enhancing the competitiveness of the country’s […]
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Thailand
