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Thailand: Domestic car sales up in June

Domestic car sales increased 4.58% in June from a year earlier to 67,952 units, helped by an easing of Covid-19 curbs and increased tourism, the Federation of Thai Industries said on Monday. However, the pace was slower than May’s 15.71% year-on-year rise, the FTI said. Source: https://www.bangkokpost.com/business/2353562/domestic-car-sales-up-in-june

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Malaysia: Rising pressure on debt with recession risks

PETALING JAYA: While the government’s current debt level is manageable, there is rising pressure for the debt load to surge in the wake of the looming recessionary risks in the United States and developed economies. Exacerbated by the stronger global inflation, economists concurred that embarking on the right strategies are necessary to keep the debt […]

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Vietnam becomes world’s sixth largest fibre, yarn exporter

Vietnam has surpassed the Republic of Korea to become the world’s sixth largest fibre and yarn exporter after shipping abroad 2.37 billion USD worth of these items in the first five months of 2022. The revenue increased 10% from a year earlier, according to the Vietnam Cotton and Spinning Association (VCOSA). Meanwhile, textiles and  garments, fibre, […]

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