After Honda decision to stop local assembly MANILA, Philippines — The Department of Trade and Industry (DTI) said the government would need to put in place safeguard duty on imported automobiles to promote local manufacturing especially after Honda Cars Philippines Inc. (HCPI) said it would shut down its Sta. Rosa plant in Laguna next month. […]
Read MoreIndonesian coal miners may lose buyers because of a regulation that requires coal exporters to only use domestic shipping companies and insurance services, experts have warned. The head of the marketing and logistics department at the Indonesian Coal Mining Association (APBI) Hendri Tan said that many overseas buyers would choose to import coal from other countries because of […]
Read MoreSoutheast Asian suppliers from Cambodia, Myanmar and Vietnam have become increasingly important to global fashion brands. Nearly 20% of Uniqlo owner Fast Retailing’s disclosed core sewing factories are in Vietnam, though China is still home to about half. However, these suppliers now face a supply chain issue as most materials for the end product comes […]
Read MoreVehicle owners who have not paid road tax will not be permitted to cross the border into other countries, under a new measure that has been introduced to force people to pay the annual tax. The Ministry of Finance issued a notice about the ruling on February 18 to the Customs Department, customs management units, […]
Read MoreKUALA LUMPUR: The Consumer Price Index (CPI) increased by 1.6% in January 2020, the fastest since May 2018, due to higher transport costs following rising fuel prices. The CPI rose to 122.4 from 120.5 a year ago but the 1.6% increase was slightly slower that the 1.7% forecast by economists in a Bloomberg survey. The […]
Read MoreThe Myanmar Garment Manufacturers Association (MGMA) says it fears that half the garment factories in the country may have to shut down temporarily as soon as March, due to a shortage of raw materials from China. The association announced this during a press conference at the Union of Myanmar Federation of Chambers of Commerce and […]
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Thailand
