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Thailand: Land sales fall 3.9% while investors away

Land 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 […]

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Myanmar: The volume of rice and broken rice exports exceeded 2 million tonnes as of 19 June in the current fiscal year

The 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 […]

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Thailand: Face masks in surplus, ministry says

Thailand 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 […]

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Health remains Vietnamese consumers’ top concern: Nielsen

The 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 […]

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Philippines: Credit growth slows in May

MANILA, 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: TAT predicts 80% plunge in arrivals

A new forecast by the Tourism Authority of Thailand (TAT) says the number of foreign tourists this year may plunge 80% to 8.2 million as revenue slides to 396 billion baht, with international air traffic regaining just 10% of the pre-pandemic schedule. The latest forecast issued on July 1 is based on the current situation […]

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