[KUALA LUMPUR] Malaysia’s industrial production grew for a third straight month in September, rising 1 per cent from a year earlier, though the pace of growth was below expectations, government data showed on Monday. It was lower than the 1.7 per cent expansion forecast for the month by analysts in a Reuters poll. The output […]
Read MoreMANILA, Philippines — The International Monetary Fund (IMF) said the Philippines has fiscal space to provide more support to the economy amid the impact of the COVID-19 pandemic. Yongzheng Yang, IMF resident representative to the Philippines, told The STAR the country entered the pandemic with considerable policy buffers, including a level of public debt that […]
Read MoreBANGKOK: Border trade between Malaysia and Thailand in the first nine months of the year fell 17.23% to 175.10 billion baht (100 baht = RM13.50) as border closure to curb the spread of Covid-19 has disrupted normal economic activities. Foreign Trade Department director-general Keerati Rushchano said Thailand’s cross-border trade with neighbouring countries – Malaysia, Myanmar, […]
Read MoreObservers said Joe Biden’s victory in the United States’ presidential election would have a positive impact on Thailand, noting that ongoing trade tensions with China were likely to cool as the president-elect has vowed to resume constructive dialogue with all strategic partners. The vice-president of the Thai National Shippers’ Council (TNSC), Visit Limlurcha, said that once […]
Read MoreThe rate is even higher than the 7.1% year-on-year growth from a pre-Covid-19 environment in 2019. Vietnam’s household spending is projected to grow by a real rate of 9.6% year-on-year over 2021, a significant improvement from a projected 0.5% growth in 2020, according to Fitch Solutions, a subsidiary of Fitch Group. The rate is even […]
Read MoreCambodia, which currently depends for most on its less -developed agricultural products on negotiating free trade agreements (FTAs), needs to urgently address this issue, say industry watchers. With about 80 percent of its total exports being garments and textiles, mostly under the trade preferences provided by developed economies, the government is now boosting agricultural products […]
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