MANILA, Philippines — The economy’s crash last quarter was slightly softer than originally estimated, state statisticians said on Wednesday. Gross domestic product (GDP), the sum of all products and services created in an economy, collapsed a revised 11.4% year-on-year in the 3 months ending September, a tad better than the 11.5% contraction reported last November. […]
Read MoreThe Hanoitimes – The Covid-19 pandemic are prompting major rice buyers including the Philippines and African countries to turn to Vietnam, while there has been a growing demand for rice in Asia. Vietnam Food Association (VFA) expected the country to export more than six million tons of rice in 2021, citing high global demand as a […]
Read MoreAuthorities plan to keep greater Bangkok zoned red for maximum Covid-19 control, but restrictions on business and activities could be eased to varying degrees in other areas next month, a government spokesman said on Wednesday. Taweesilp Visanuyothin, spokesman for the Centre for Covid-19 Situation Administration, said the CCSA’s sub-committee on easing business and activity restrictions […]
Read MoreSINGAPORE (BLOOMBERG) – Foreigners snapping up private apartments in Singapore declined to a 17-year low last year as travel restrictions and lockdowns in various countries deterred them from coming to the city-state. Purchases of units fell to 742 last year, according to real estate consultancy firms ERA Realty Network and OrangeTee & Tie. That’s the […]
Read MoreKUALA LUMPUR: The Producer Price Index (PPI) for local production declined at a slower rate of 2.1 per cent year-on-year (y-o-y) in December 2020 compared with 3.0 per cent in November 2020. The Statistics Department said the continuous increase in the index of agriculture, forestry & fishing (23.5 per cent) and the positive change in […]
Read MoreThe manufacturing production index in December dropped a more than expected 2.44% from a year earlier, according to figures released by the Industry Ministry on Wednesday. It was dragged down by lower production of petroleum, sugar and rubber, the ministry said. The reading compared with a forecast fall of 1.2% in a Reuters poll. Source: https://www.bangkokpost.com/business/2058039/factory-output-down-2-44-y-y
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Thailand
