The Lao kip has continued its depreciation against foreign currencies, reaching its lowest value against the US dollar in more than fifteen years. The value of the national currency of Laos continues to plummet despite attempts by the Bank of the Lao PDR (BOL) to reign in inflation. While the Lao kip has steadily lost […]
Read MoreBrunei Darussalam’s total trade was valued at BND2,227.4 million in August 2021, showing an increase by 60.9 per cent from BND1,384.6 million during the same month last year. Meanwhile, for month-to-month changes, total trade for August 2021 decreased by 11.1 per cent compared to July 2021, a press statement from the Department of Economic Planning […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (Nodx) jumped the most in four years, powered by a pick-up in both electronic and non-electronic shipments. Nodx rose by 17.9 per cent last month – the biggest leap since October 2017 when shipments soared by 20.5 per cent. The October increase was also the 11th consecutive year-on-year gain, following a […]
Read MoreMany factories, including about 200 contracted factories that make sportwear for Nike Corporation, resumed production in Vietnam earlier this month. However, if this return is to be resilient and long-lasting, a range of changes to business practices and relationships may have to be realised. Nobel Kinder, Sustainable Development Director of Nike Corporation, committed to continuing to invest […]
Read MoreMANILA, Philippines — The Philippines is no longer at the bottom of the list in terms of economic reopening in Asia-Pacific, but its vaccination rate should still be fast-tracked to further achieve a stronger rebound. In the latest lockdown easing scorecard of London-based Oxford Economics, the Philippines ranked 10th among 14 major economies in Asia-Pacific […]
Read MoreLaos currently exports more than 6,423MW to other countries, mainly neighbouring countries, a senior official has said. Addressing the National Assembly recently, Minister of Energy and Mines Dr Daovong Phonekeo said several power plants are under construction that will generate electricity for sale to neighbouring countries and other ASEAN member states. However, billions of dollars […]
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Thailand
