Vietnam’s goods exports were valued at $27.7 billion in January, up 0.2 per cent from the previous month and 50.5 per cent from the same period last year, according to the General Statistics Office of Vietnam (GSO). The GSO largely attributed the sharp year-on-year increase to South Korean multinational electronics producer Samsung stepping up production […]
Read MoreMANILA, Philippines — Consumer advocacy group Laban Konsyumer Inc. (LKI) is calling on the public to do a “pork holiday” amid the continued increase in the prices of pork products. LKI said consumers are carrying the burden of high prices of pork and even chicken, amid the tug of war among the Department of Agriculture, […]
Read MoreThe National Committee for the Promotion of the One Village One Product (OVOP) Movement under the Council of Ministers has signed a two-year cooperation agreement with the Logistics Business Association (LOBA) and Super App Technology Plc. The tripartite agreement was signed on Friday at the Council of Ministers in a bid to promote the digital […]
Read MoreThe excise tax structure for electric vehicles (EVs) is expected to be finalised this year, meant to establish Thailand as an EV hub, says the Excise Department. Under the current excise tax structure, EVs are tax-exempt from Jan 1, 2020, to Dec 31, 2022, for car makers granted Board of Investment privileges, with the rates […]
Read MoreMost Asian currencies appreciated strongly against the US dollar since Biden’s electoral win, but the Philippine peso has remained stable. In fact, the peso’s volatility has dropped to its lowest in 20 years. According to Bloomberg, the three-month option volatility of USD/PHP fell to its lowest level since May 2000. The peso has steadily been […]
Read MoreForeign enterprises poured a considerable amount of capital into manufacturing and processing projects in the first half of January, according to the head of the investment office at the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza), Tran Viet Ha. Notable among them was a 34 million USD project sprawling over 7ha […]
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