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Philippines: Manufacturing slows in July

MANILA, Philippines — The country’s manufacturing sector slowed down in July as threats of the COVID Delta variant and other pandemic-related restrictions continue to weaken demand. Market intelligence firm IHS Markit said the country’s headline purchasing managers’ index (PMI) registered at 50.4 last month, lower than the 50.8 recorded in June. Despite the slowdown, July’s […]

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Malaysia PMI edges up

PETALING JAYA: Malaysia’s weak manufacturing activities, as measured by the Purchasing Managers’ Index (PMI), reflect signs of a downturn in the country’s industrial production and gross domestic product performance. This is based on the historical relationship between the PMI and official statistics, according to IHS Markit, which compiled the PMI data. IHS Markit said the […]

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Vietnam’s exports up 25.5 pct in seven months

Vietnam’s export earning hit US$27 billion in July, down 0.8 per cent month-on-month and up 8.4 per cent year-on-year, reported the General Statistics Office (GSO). On seven-month calculation, the figure reached $185.33 billion, marking a yearly rise of 25.5 per cent. Of which, $48.52 billion was from domestic economic sector, up 14.6 per cent and […]

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