Commerce Minister Jurin Laksanawisit expects Joe Biden’s victory in the US presidential election to benefit rather than harm Thailand’s exports, while ongoing trade spats between China and the US are likely to ease, boosting global trade sentiment. “The ministry expects the US under new leadership will have more relaxed measures, be it the Generalized System […]
Read MoreThe Hanoitimes – The US – Vietnam relations have witnessed steady progress over the past 25 years, ranging from politics, foreign policy, to economy and trade, among others. Vietnam, given its large population of over 90 million and strategic location in the Asia – Pacific region, is fast becoming a major part in superpowers’ policies, including […]
Read MoreMANILA, Philippines — The Philippine economy contracted for the third straight quarter with the gross domestic product (GDP) shrinking by six percent from July to September as mobility restrictions were extended due to rising COVID-19 cases, according to Moody’s Analytics. In its latest Asia Pacific economic preview, the research arm of Moody’s Investors Service said […]
Read MoreVietnamese companies need to meet the requirements of foreign firms if they want to participate in global supply chains from mid-2021 when the Covid-19 pandemic is expected to be under control, experts said. The difficult situation caused by the pandemic in the EU, the US and many other parts of the world is expected to […]
Read MoreBilateral trade between Cambodia and Japan was worth $1,548 million in the third quarter of the year, down 25 percent compared with the same period last year, according to a record by Japan External Trade Organization (JETRO). From January to September this year, Cambodia exported $1,208 million, down 5.6 percent compared with the same period […]
Read MoreMANILA, Philippines — Local vehicle and motorcycle production and sales were down from January to September, with demand still affected by the pandemic. Data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed the Philippines assembled 46,628 motor vehicles in the nine-month period, down 31.4 percent from 67,922 units in the same […]
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