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Philippines: Factory output hits 4-year high

MANILA, Philippines — The Philippine manufacturing sector continued to bounce back in April, hitting the highest rate for more than four years as conditions improved with declining COVID cases and lifting of restrictions. New York-based intelligence firm S&P Global said the Philippines’ headline purchasing managers’ index (PMI) rose to 54.3 in April from 53.2 in […]

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Uncertainty, geopolitical competition remain a threat to Asean

The Asian Vision Institute (AVI)’s Centre for Sustainable Development Studies (CSDS) organised the eleventh AVI-SDGs Dialogue webinar series on “Peace and Sustainable Development” via Zoom and Facebook Livestream on Friday. Chheang Vannarith, President of AVI, and Brigadier General Say Saksovuthy, Director of Military History Institute, General Department of Policy and Foreign Affairs, Ministry of National […]

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‘RCEP gives big boost to Cambodia’s economy’

Xinhua – The RCEP trade deal gives a big boost to Cambodia’s economy, with export to the member countries of the mega-pact up 11 percent in Q1. The top three export destinations are Vietnam, China and Thailand. Cambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to 1.95 billion US dollars in […]

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Philippines: Local factory output soars to 5-year high in April as restrictions ease

MANILA, Philippines — Philippine factories shrugged off pandemic aches in April as manufacturing output posted its best finish since November 2017, all while weathering a persistent disruption in the global supply chain. In a statement on Monday, S&P Global, formerly IHS Markit, reported the Philippines’ purchasing managers’ index (PMI), a measure of factory output, surged to 54.3 in […]

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