Local livestock numbers have been reported to be on the rise, showing that local production will soon be able to increase supply to local markets, which currently still depend strongly on imports. Since the COVID-19 outbreak, the Government has called to increase domestic production for local supply while the sector needs to fund and promote […]
Read MoreThe Office of Industrial Economics (OIE) has downgraded Thailand’s manufacturing production index (MPI) for 2020 to a record low of negative 6-7%, with industrial GDP contracting 5.5-6.5%. The drop is a result of the pandemic, the global economic slowdown, the declining export sector, weak domestic purchasing power and droughts. Thongchai Chawalitpichaet, director-general of the OIE, said […]
Read MoreMANILA, Philippines — The government continues to adopt technology to combat the possible threat of food security amid the coronavirus disease 2019 or COVID-19 pandemic. The Department of Agriculture will partner with ride-hailing app Grab and other enterprises with an online-driven platform to speed up movement of food and agricultural products from provinces to consumers. […]
Read MoreSINGAPORE – Bank lending inched down in March from the previous month amid the coronavirus outbreak, as a drop in consumer loans offset a rise in business lending, preliminary data from the Monetary Authority of Singapore (MAS) showed on Thursday (April 30). Loans through the domestic banking unit, which captures lending in all currencies but reflects mainly Singapore-dollar […]
Read MoreApart from reaping blessings with various religious activities during the holy month of Ramadhan, people usually shop for fabrics to make Baju Kurung or Cara Melayu attires to celebrate the joyous occasion of upcoming Hari Raya Aidilfitri. However, as the country is still facing the COVID-19 crisis and with all restrictions still in place, several […]
Read MoreVietnam’s export value is expected to rise in the coming months thanks to China’s increase in imports, strong measures taken by the Vietnamese Government, ministries, agencies, and businesses, and the EU-Vietnam Free Trade Agreement (EVFTA). Economist Ngo Tri Long said China – Vietnam’s largest market – has begun to contain the COVID-19 pandemic and Vietnam’s […]
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Thailand
