The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is likely to downgrade its economic growth forecast when it meets on Wednesday, despite an increase in the Thailand Industry Sentiment Index (TISI) for four consecutive months, says the Federation of Thai Industries. The move results from growing concern over the rapid spread of the Covid-19 […]
Read MoreDespite the ongoing Omicron outbreak, a group of Thai shippers are maintaining their export growth forecast at 5-8% this year, driven by the recovery of partner trading countries and the baht’s weakness. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said exports are likely to maintain growth momentum this year, albeit at a […]
Read MoreCambodia’s export volume (except gold) increased by 22.6 percent to $ 15.61 billion in the first eleven months of 2021, according the Ministry of Economy and Finance. The increase of exports from January to November 2021 was mainly driven by the rise in exports of textiles, bicycles and other goods. Other main exported items included […]
Read MoreThe Bank of Thailand is concerned with higher prices for living costs, but not in terms of overall price stability, says the central bank governor. The bank believes higher prices will not have an adverse impact on the macro economy and headline inflation will remain within its target, said central bank governor Sethaput Suthiwartnarueput. Yet […]
Read MoreMANILA, Philippines (Update 1, 5:38 p.m.) — The Department of Labor and Employment has drafted a labor advisory urging businesses to pay their workers who are under quarantine or isolation due to COVID-19. Labor Undersecretary Benjo Benavidez said Wednesday in a press briefing that they committed to come out with a labor advisory on paid quarantine and […]
Read MoreThe five companies holding the largest commodity brokerage market shares in Vietnam sustained their positions in 2021, according to the Mercantile Exchange of Vietnam (MXV). The Gia Cat Loi Commodity Trading JSC was the biggest with 35.6 percent of the total transaction volume, followed by the Ho Chi Minh City Commodity Trading JSC (HCT) 18.2 […]
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