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Cambodia has sole objective for US

Cambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market. But hopes are dimming as the submission deadline approaches and a bill proposing the exemption fails […]

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Malaysia: Ringgit higher against US$

KUALA LUMPUR: The ringgit was slightly higher against the US dollar and other major currencies early Wednesday on renewed demand for the domestic unit, a dealer said. At 9.00 am(0100 gmt), the local unit was quoted at 4.2050/2080 against the greenback from Tuesday’s close of 4.2060/2090. The dealer said the ringgit’s rebound was due to oil […]

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Made-in-Vietnam giant cranes exported to India

QUANG NGAI — The second batch of made-in-Vietnam ship-to-shore cargo container cranes is headed to India. Doosan Heavy Industries Vietnam (Doosan Vina) has shipped three Rail Mounted Quayside Cranes (RMQC) to India as part of its contract to supply 12 RMQC cranes to Bharat Mumbai Container Terminals Private Limited (BMCTPL). Yeon In Jung, CEO and general […]

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Philippines: Jobless ranks swell in July

THE Philippine job market lost some momentum in July as unemployment slightly worsened from a year earlier, the Philippine Statistics Authority (PSA) reported on Tuesday. Results of the latest Labor Force Survey (LFS) put the jobless rate at 5.6 percent for the month from 5.4 percent in 2016. This translates to 2.37 million Filipinos without […]

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Indonesia: Motorcycle Sales Up 5 Percent in August

TEMPO.CO, Jakarta – Motorcycle sales went up by 5.19 percent to 554,923 units in August, the Indonesian Motorcycle Industry Association (AISI) reported on September 12. All in all, the total motorcycle sales from January to August reached 3.79 million units, representing a slight decline of 0.05 percent compared to the same period last year. Increased sales figure […]

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