The electronics industry in the last six months of the year is forecasted to be still greatly affected by the COVID-19 pandemic, which reduces demand in the US and European markets. The report on industrial and commercial production in the first six months of the Ministry of Industry and Trade showed that the production index […]
Read MoreSingapore and Malaysia will implement a reciprocal green lane for cross-border travel between both countries, according to a press statement from both ministries of foreign affairs. Officials are working toward a target start date of Aug 10. According to the statement, the green lane will enable cross-border travel for essential business and official purposes. Eligible […]
Read MoreOffice occupancy rates in Indonesia’s major cities are expected to plunge further next year as supply increases at a time when demand remains weak amid the coronavirus pandemic. According to a projection by property consultancy Colliers International, office occupancy will plunge to just 78 percent in the central business districts (CBD) of Jakarta and Surabaya […]
Read MoreMANILA, Philippines – Car sales plunged by 51 percent to 85,041 units in the first semester from 174,135 units a year ago on weak demand for both passenger cars (PC) and commercial vehicles (CV), according to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI). PC sales declined by 54 percent to 23,912 units […]
Read MoreThe Centre for Covid-19 Situation Administration (CCSA) has allowed Se Kaeo’s communicable diseases committee to re-open the Aranyaprathet checkpoint to transport goods between Thailand and Cambodia. Starting on Wednesday, 50 vehicles will be allowed to cross the border between 8am and 1pm each day. Each vehicle can only carry two passengers, who must be screened […]
Read MoreSINGAPORE entered both full-blown and technical recession in the second quarter, according to advance estimates showing a 12.6 per cent year-on-year contraction in gross domestic product (GDP), and a 41.2 per cent quarter-on-quarter contraction. The year-on-year figure was worse than economists’ expectations of a 10.5 per cent fall, and much worse than the first quarter’s 0.3 per […]
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Thailand
