MANILA, Philippines — The government has recorded a decline in the importation of poultry meat and products which could help local raisers recover from the effects of the coronavirus pandemic. Data from the Bureau of Animal Industry showed that the volume of poultry meat imports declined by 23 percent from 43,000 metric tons in January […]
Read MoreIndonesia’s economy is expected to contract sharply in the second quarter this year as trade data show that both exports and imports nosedived in May amid a coronavirus-induced global economic slowdown. Economists have warned that falling imports in all goods categories point to lower demand and weaker manufacturing activities as well as investment, which will have a […]
Read MoreAuto makers are grappling with absent U.S. factory workers and Covid-19 cases at their reopened plants, complicating the companies’ efforts to recoup production lost to the pandemic. The impact on output has been minimal as many plants aren’t yet operating at full capacity, the companies said. Still, the challenges have required auto makers to adjust […]
Read MoreKUALA LUMPUR, June 16 — Malaysia’s unemployment rate could hit six per cent or even higher this year, worse than during the 1997 Asian financial crisis and 2008 Great Recession when unemployment rose to 3.2 per cent and 3.7 per cent respectively, said AmBank Group Research. The recent labour market data according to the research house suggested the health of the […]
Read MoreThailand and the world’s other top rubber producers are starting to emerge from their worst quarter in over a decade, but the path to recovery looks fragile. Though consumption from rubber glove makers is continuing to rise, demand from carmakers, traditionally the biggest customer base, is still down. Meanwhile, China reopening its economy has added […]
Read MoreThe Hanoitimes – In contrast to a wide range of investment incentives for multinationals, investment procedures for local enterprises, especially small and medium ones, remain complicated. While Vietnam is stepping up efforts to attract fresh foreign direct investment (FDI) in the post-Covid-19 period, efficient and strong supporting policies for domestic firms are equally important to boost […]
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Thailand
