th04
Read More

Thailand: Auto parts sector shrivels

The auto parts industry club under the Federation of Thai Industries (FTI) expects the parts sector to continue shrinking as car factories close or cut production and global purchasing power weakens. The club is considering a downgrade to forecasts for sales value and auto parts volume in 2020. Pinai Sirinakorn, chairman of the auto parts […]

Read More
phil02
Read More

IMF slashes Philippines growth outlook to 0.6% this year

MANILA, Philippines — The International Monetary Fund (IMF) has lowered its economic growth forecast for the Philippines for this year, amid  the coronavirus disease 2019 or COVID-19 pandemic. Based on the latest World Economic Outlook (WEO), the multilateral lending institution lowered its gross domestic product (GDP) growth forecast for the Philippines to 0.6 percent from […]

Read More
indo02
Read More

Indonesia: Govt partners with food, ride-hailing companies to guarantee food supplies during outbreak

The Agriculture Ministry is partnering with food producer PT Indoguna Utama and ride-hailing company Grab Indonesia, among other businesses, to secure supplies and offer them an online grocery platform. The partnership is part of the government’s anticipatory efforts to meet surging demand, especially for beef and chicken meat during Ramadan and on Idul Fitri. Both […]

Read More
vn02
Read More

US and Vietnam sign agreement to strengthen Vietnam’s economic competitiveness

The Hanoitimes – The agreement will facilitate small businesses’ access to competitiveness-enhancing technology, business management skills, and capital, The United States Agency for International Development (USAID) and Vietnam’s Ministry of Planning and Investment (MPI) on Wednesday virtually signed a US$42 million agreement to advance Vietnam’s economic competitiveness, through strengthening private sector competitiveness, innovation and startup ecosystems, […]

Read More