MANILA, Philippines — The Philippines is no longer the “sick man” of Asia having experienced rapid economic growth over the past six years, but the country needs to boost the competitiveness of the export sector, according to British banking giant HSBC. In a research note, HSBC economist Noelan Arbis said the Philippines has outperformed its […]
Read MoreThe Indonesian government is planning to inform Vietnam about a change in the vehicle type approval (VTA) certificate in an effort to reopen Indonesian automotive exports to the country. “With the VTA adjustment, Indonesian automotive exports are expected to return to the country,” Trade Ministry international trade director general Oke Nuwan said in a statement […]
Read MoreMANILA, Philippines — The Duterte administration’s new tax law continued to weigh on the country’s manufacturing sector, which further slowed down in February, according to monthly tracking done by IHS Markit for Nikkei, Inc. The seasonally adjusted Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) slipped to 50.8 last month from 51.7 in January. A reading […]
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Thailand
