MANILA, Philippines — Dollar remittances from Filipinos working abroad declined in June after increasing for nine straight months, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Benjamin Diokno said personal remittances decreased by 2.7 percent to a nine-month low of $2.54 billion in June from $2.61 billion in the same month last year. […]
Read MoreSINGAPORE: Singapore’s exports in July shrank for the fifth straight month, though the slump was slightly less severe than forecast, official data showed on Friday. Non-oil domestic exports (NODX) last month fell 11.2% year-on-year as shipments of electronics and pharmaceuticals declined, data from the trade agency Enterprise Singapore showed, compared with a revised 17.4% contraction […]
Read MoreRecruitment consultancy Robert Walters Thailand says the nation’s high- and mid-level workforce is insufficient, particularly in the 12 targeted industries of the flagship Eastern Economic Corridor (EEC). Natiya Saul, director for Bangkok and the Eastern Seaboard, said the corridor has been able to attract new investment for the 12 industries, but the country’s labour market […]
Read MoreIndonesia has recorded a trade deficit of US$63 million in July on the back of weak commodity prices that has affected its export value, according to Statistic Indonesia (BPS) data released on Thursday. The figure is a reversal from a June trade surplus of around $300 million. The country’s balance of trade has maintained a negative trend overall from January to July with a deficit of […]
Read MoreThe Council for Development of Cambodia yesterday held a workshop for ministry officials in charge of evaluating the implementation of the Industrial Development Policy. For in depth analysis of Cambodian Business, visit Capital Cambodia The CDC is aiming to increase the knowledge of the officials before they provide input on the implementation of the IDP over […]
Read MoreGlobal market volatility is set to rise in the months ahead. For investors concerned about market uncertainty, Southeast Asia could provide a beacon of opportunity, given its domestic orientation and long-term growth potential. The region has been fairly resilient in recent years. Domestic consumption has been the main driver of growth for some of the […]
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Thailand
