Falling demand and lower prices of inputs have sharply driven down the prices of many goods, especially food and foodstuffs. Oanh, a footwear worker in Ho Chi Minh City’s Tan Binh District, said: “Prices of eggs, meat and vegetables are down 10-30% compared to a year ago, and the prices of some items have even […]
Read MoreThai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry. Permanent commerce secretary Keerati Rushchano said the baht exchange rate remains competitive, while the ministry has plans to ramp up market expansion later this year into seven regions […]
Read MorePrime Minister Hun Sen said that the southwest parts of Cambodia are a hub with huge potential for investment due to their well-connected infrastructure, easy transport to deep seaports, and sufficient electricity supplies. Speaking at a get-together with workers in Kampong Speu province yesterday, the Prime Minister said Kampong Speu and other provinces in the […]
Read MoreKUALA LUMPUR: Malaysia’s Producer Price Index (PPI) contracted at a faster pace of 4.6 per cent year-on-year (y-o-y) in May 2023 compared with the 3.0 per cent drop posted in the preceding month. The Department of Statistics Malaysia (DoSM) said the slide in the PPI for local production was attributed to the decline in several […]
Read MoreThailand’s exports contracted less than expected in May, as higher industrial goods shipments and a weakening baht helped offset some of the impact of sluggish global demand, the Ministry of Commerce said on Tuesday. The dollar value of customs-cleared exports declined 4.6% in May from a year earlier, better than a forecast for an 8% year-on-year […]
Read MoreCambodia exported around 2,575 tonnes of rice for the first time to the Philippine market. This was confirmed by Oknha Chan Sokheang, President of the Cambodian Rice Federation on Monday. Speaking at the inauguration of the rice export market to the Philippines, Sokheng said that the first large-scale export was carried out by the Khmer […]
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