From Covid risks to talk of a reduction in US stimulus, there’s been no shortage of bad news for Asian currencies. An upcoming report on China’s manufacturing sector may add to the pressure. Traders are looking to Chinese factory data for clues on the global outlook after the world’s second-largest economy slowed more sharply than […]
Read MorePHUKET: Local tourism organisations have called for strict Covid-19 curbs to be relaxed to help with a quick recovery despite authorities struggling under the weight of a new surge of up to 200 infections a day. Thanet Tantipiriyakit, president of the Phuket Tourism Council (PTC), said the latest cases were not caused by tourists but […]
Read MoreThe manufacturing production index in June rose for a fourth straight month, up 17.58% from a year earlier, boosted by higher production of autos, electronics and steel, the industry ministry said on Friday. The reading, coming off a low base last year, compared with a forecast for an increase of 18.8% in a Reuters poll […]
Read MoreThe pace of export will depend on the recovery of the global economy and the competitiveness of Vietnam’s export staples. Export activities would play a key role for the local economy in years to come, said Chief Economist at the Vietnam Institute for Economic and Policy Research (VEPR) Pham The Anh at the launch of the […]
Read MorePETALING JAYA: Rising vaccination rates, gradual lockdown easing measures and a global economic rebound are expected to spur Malaysian exports for the remainder of 2021. Centre for Market Education chief executive officer and Institute for Democracy and Economic Affairs (Ideas) senior fellow Carmelo Ferlito, (pic below) said the outlook for exports and international trade remained […]
Read MoreMANILA, Philippines — The consumer and retail sector in the Philippines is seen fully recovering from the impact of the COVID-19 pandemic next year after a major slump last year, according to Fitch Solutions Country Risk & Industry Research. In its latest commentary, “Philippines consumer outlook: Spending recovery from COVID-19 to spill into 2022,” Fitch […]
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Thailand
