The COVID-19 pandemic triggered a precipitous drop of 78 percent in passenger traffic at Cambodia’s three international airports during the first 10 months of 2020 compared with 2019 figures, said a senior executive of the Cambodia Airports. “It has been a challenging situation as our airports and air connectivity play a critical role in the […]
Read MoreThe race for domestic retail market share was heating up as local and foreign firms looked to expand their networks, experts said. At a recent meeting in HCM City, Truong Cong Thang, general director of VinCommerce Company, told partners that the retailer wanted to open nearly 10,000 stores and more than 300 Vinmart supermarkets in […]
Read MoreMANILA, Philippines — Automotive assemblers saw their highest monthly sales in October since the start of the pandemic, but the figures were still down 27 percent from a year ago as both passenger cars (PC) and commercial vehicles (CV) registered declines. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers […]
Read MoreThe Public Works and Housing Ministry is aiming to start the bidding process of nine toll road sections, with a combined length of 350 kilometers and combined investment of around Rp 142.5 trillion (US$10 billion), by year-end, a minister has said. Minister Basuki Hadimuljono on Sunday said the government aimed to expedite the toll road […]
Read MoreKUALA LUMPUR: Fitch Solutions has downgraded its growth forecast for Malaysia this year to -5% from -4.5% previously, according to its client note on Monday. “Downward revision was prompted by the worsening third wave of coronavirus infections, posing risks to the ongoing growth recovery, ” it said. Domestic demand and investment are likely to remain […]
Read MoreThe Hanoitimes – Vietnam’s trade turnover is likely to have reached US$440.09 billion in the January–October period, up 2.7% year-on-year. Vietnam reported an estimated trade surplus of US$2.94 billion in October, further expanding the trade surplus to US$19.5 billion in the January–October period, the General Statistics Office (GSO) has said in a monthly report. In October, […]
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Thailand
