MANILA, Philippines — Local factories managed to temper a persistent drop in output in October, marking an improvement in manufacturing conditions that could have been stronger if not for material shortages that’s hampering production. A monthly survey of around 400 companies showed the Philippines’ purchasing managers’ index (PMI), a measure of factory output, rose to […]
Read MoreSINGAPORE – The manufacturing sector has continued to expand even though cost pressures are intensifying for local companies, in particular, those in the electronics sector. Overall, the manufacturing sector has now recorded 16 months of consecutive growth, according to data from the Singapore Institute of Purchasing and Materials Management (SIPMM) that was released on Tuesday […]
Read MoreThe global oil price surge is affecting the industrial sector as large numbers of factory operators have already borne the brunt, according to a recent poll conducted by the Federation of Thai Industries (FTI). Up to 49.3% of 150 executives in 45 industries told the pollster the manufacturing sector encountered moderate impact from the increasing […]
Read MoreTaxes and fees make up nearly 40 percent of the petrol price. The environmental protection tax is now at the ceiling level. Each liter of petrol sold bears a number of taxes, including import tax, special consumption tax, environmental protection tax and VAT (value added tax). There are also other items which are not taxed […]
Read MoreThe Cambodian government is working to transform Sihanoukville province, also known as Preah Sihanouk province, into a multi-purpose special economic zone (SEZ) after the province received the designation earlier this year. On June 9, 2021, Cambodian Prime Minister Hun Sen signed a sub-decree that will make Sihanoukville province a multi-purpose SEZ. The designation stands to […]
Read MoreMANILA, Philippines — The economy would have to expand by over five percent in the third and fourth quarters for the government to achieve its growth target for the year, finance officials said. In an interview with reporters, Finance Secretary Carlos Dominguez III said the economic team would stick to its gross domestic product (GDP) […]
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Thailand
