The Ministry of Industry and Trade (MoIT) has advised exporters around Vietnam to adopt necessary measures in order to minimise any economic damage posed by the stranded shipping vessel in the Suez Canal. The stranding of the 400m-long container ship Ever Given in the Suez Canal where over 10 percent of global cargo and 7 […]
Read MoreThailand’s labour force is recovering from a plunge last year that saw 3 million people lose their jobs because of the pandemic, though people with IT skill sets are in great demand as organisations gear up for digital transformation, according to job search platform JobsDB. People in Thailand need to improve their skill sets for […]
Read MoreMoody’s Investors Service announced Monday stable outlooks for the sovereign credit ratings of six ASEAN countries including Cambodia. In the March edition of its Inside ASEAN report, the U.S. rating agency said outlooks were stable for Cambodia (rated B2), Indonesia and the Philippines (both Baa2), Malaysia (A3), Singapore (Aaa) and Thailand (Baa1). At the same […]
Read MorePETALING JAYA: Malaysia’s February exports rose 17.6% year-on-year to RM87.57bil, on the back of rising global demand for semiconductors, rubber products as well as petroleum products and palm oil. According to the International Trade and Industry Ministry (Miti), this was the sixth consecutive month of export growth for Malaysia, as well as the country’s highest […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may be underestimating the country’s inflation risks as high oil prices will soon be the problem, prompting consumer prices to surpass government targets. In its latest economic monitor, UK-based Pantheon Macroeconomics said the BSP is very slowly taking near-term inflation risks seriously, evident in its modest […]
Read MoreAccording to the Vietnamese trade affairs office in Cambodia, Vietnam exported $728.4 million worth of goods to the neighbouring country in the period, a rise of 8.6 percent, while importing more than $603 million, up 335 percent. Vietnam mainly shipped steel, oil and gas, garment-textiles, consumption goods, and other agricultural products like fish, meat and […]
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