PETALING JAYA: The recovery in Malaysia’s industrial output, which exceeded economists’ forecast in December last year, is expected to continue going into 2021. The manufacturing sector would be the biggest driver for the recovery, riding on the strong global demand for electrical and electronic (E&E) products. The pace of recovery, however, may be throttled […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects the current account position of the Philippines to revert to a deficit this year due to higher import demand. In a report, Nomura economist Euben Paracuelles said the Philippine’s current account balance may return to a deficit of 0.2 percent of gross domestic product this year after […]
Read MoreThe value of exports of polylactic acid (PLA), a type of biodegradable plastic, is expected to increase by 16.6% this year to 2.7 billion baht, with an additional 6,800 tonnes shipped out, making the country the world’s third largest exporter, according to the Industry Ministry. Last year, PLA exports stood at 42,020 tonnes, valued at […]
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Thailand
