Trade Minister Agus Suparmanto has asked traditional markets across the country to remain open to prevent sellers from incurring losses caused by the government’s social restriction measures to slow the spread of COVID-19. Sellers at traditional markets in 285 cities and regencies recently reported that their revenues had fallen 39 percent while retailers have seen a 90 […]
Read MoreMANILA, Philippines — Lockdowns and a halt in public transport in areas under community quarantine tempered inflation for the fourth straight month this year in April, the Philippine Statistics Authority (PSA) reported on Tuesday. Inflation, as measured by consumer price index, slowed to 2.2% year-on-year in April, down further from 2.5% the prior month and […]
Read MoreThe Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. In an open letter released yesterday, GMAC said it has received commitments from only some buyers since its […]
Read MoreAn increase in the price index for vacant land near the extension of the northern section of the Green Line from Ku Kot to Lam Luk Ka, and along the Pink Line from Kae Rai to Min Buri, exceeded the average for Greater Bangkok for four consecutive quarters. “Construction of the Green Line from Ku […]
Read MoreIndonesia’s top fuel distributor, state-owned Pertamina, is offering a Ramadhan holiday fuel promotion for purchases of unsubsidized fuels amid the COVID-19 pandemic that has impacted people’s purchasing power. Pertamina’s latest promotion, which will run until May 31, grants customers a 30 percent discount of up to Rp 20,000 (US$1.32) when paying for unsubsidized fuels using […]
Read MoreMANILA, Philippines — Manufacturing slumped for the first time this year in March, a sign movement restrictions meant to contain the coronavirus has started grinding factories to a halt, beginning with smaller ones. The volume of production index, which gauges the quantity of merchandise produced by factories, declined 6.3% year-on-year in March, while value of goods […]
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Thailand
