The United Kingdom recently came out with a few more details of the proposed revamp of its Generalised Scheme of Preferences (GSP)—to be rolled out in early 2023—which reportedly suggests the revision could benefit more Cambodian garment and textile commodities, especially travel goods. The claim was, however, countered by the Garment Manufacturers Association in Cambodia […]
Read MoreKUALA LUMPUR: Malaysia’s leading index (LI) rebounded 5.3 per cent year-on-year (y-o-y) to 111.7 points in June 2022 after a rise of 2.3 per cent in May 2022 (111.3 points), said the Department of Statistics Malaysia (DoSM). DoSm said the increase was mainly backed by the increment in real imports of other basic precious and […]
Read MoreTHE Bangko Sentral ng Pilipinas (BSP) said it has allowed a total of six digital banks to operate in the Philippines. BSP said in a statement that it recently granted two different banks certificates of authority (COAs) to operate in the country. The most recent beneficiaries were GoTyme Bank Corp. (GTYME) and UnionDigital Bank Inc. (UDB). The central […]
Read MoreMilitary-ruled Myanmar earned US$800 million from natural gas exports mainly to China and Thailand between April and July, the junta said in the state newspaper on Thursday. The country has been embroiled in chaos since the military overthrew an elected government in a coup early last year and the economy has all but collapsed. The […]
Read MoreCar sales in Thailand jumped 22.1% in July from a year earlier to 64,033 units, helped by an easing of Covid-19 curbs and last year’s low base, the Federation of Thai Industries said on Thursday. That compared with June’s 4.58% year-on-year increase. Source: https://www.bangkokpost.com/business/2376780/domestic-car-sales-soared-in-july
Read MoreVietnam’s large stockpile of coffee beans is diminishing, a development that is expected to push global coffee prices even higher. Traders surveyed by Bloomberg predict that stockpiles will be cut in half by the end of September compared to the same time last year. Output by Vietnam, the world’s largest exporter of robusta and second-largest coffee grower, […]
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