MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects the economy to contract for the remaining quarters of the year amid the more disruptive impact of the COVID-19 pandemic. BSP Governor Benjamin Diokno said the country’s gross domestic product (GDP) may further shrink until the end of the year after contracting by 0.2 percent […]
Read MoreLand sales at 61 industrial estates nationwide saw a year-on-year decline of 3.9% during the past nine months, mainly due to difficulties foreign investors face entering the country and an economic slowdown amid the pandemic, says the Industrial Estate Authority of Thailand (IEAT). Land sales in the period of October 2019 to June 2020 fell to […]
Read MoreThe volume of rice and broken rice exported between 1 October and 19 June in the current fiscal year crossed 2.088 million metric tons, worth $621 million, according to an announcement from the Myanmar Rice Federation (MRF). Myanmar’s maritime trade constituted 86.08 per cent of rice exports and generated an estimated income of US$539.57 million […]
Read MoreThailand has more than enough medical face masks after several factories were set up, a trade official says. Whichai Phochanakij, director-general of the Internal Trade Department under the Commerce Ministry, said Thailand has a surplus of medical face masks of 1.2 million pieces a day, with total production in the country of 4.2 million pieces […]
Read MoreThe Hanoitimes – Health, local origin and looking for more online shopping experiences are the major concerns among Vietnamese consumers. While health had been the top concern for four consecutive quarters in Vietnam, 49% of Vietnamese consumers indicated health as their top concern in the first quarter of 2020, up 4% compared to the last quarter […]
Read MoreMANILA, Philippines — Credit growth slowed down for the second straight month in May as the government extended the enhanced community quarantine to limit the spread of COVID-19, according to the Bangko Sentral ng Pilipinas (BSP). BSP Governor Benjamin Diokno said preliminary data showed loans extended by universal and commercial banks increased by 11.6 percent […]
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Thailand
