MANILA, Philippines — The Philippines remained the second fastest growing market for motor vehicle assembly and sales in Southeast Asia, posting double-digit growth in the nine months to September. Data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation showed 63,341 motor vehicles were manufactured in the Philippines as of end-September, 35.8 percent higher […]
Read MoreThe RCEP, the world’s largest free-trade bloc, will officially come into effect in January next year. The Regional Comprehensive Economic Partnership (RCEP) was signed last year and includes the ten member countries of the Association of Southeast Asian Nations (ASEAN) as well as their five largest trading partners China, Japan, South Korea, Australia, and New […]
Read MoreAirbnb says it has seen a surge in searches for stays in Thailand in recent weeks by international travellers attracted by the reopening to quarantine-free travel for fully vaccinated visitors from 63 countries. International guest searches for stays in Thailand within the next six months have more than doubled from one year ago, based on […]
Read MoreThe baht opened at 33.28 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 33.31. The Thai currency is likely to move between 33.20 and 33.35 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen slightly even the dollar weaken because the baht strengthened […]
Read MoreEconomic growth will be subdued this year due to the impacts of the pandemic, but it could reach 5-6% in 2022 if there are no fresh outbreaks, a deputy prime minister said on Wednesday. Thailand’s most prolonged epidemic has eased, leading to a relaxing of restrictions and to more foreign visitors to reboot the key tourism […]
Read MoreKUALA LUMPUR, Nov 3 ― Malaysia’s monthly export and import unit value indices for September 2021 dropped to 0.2 per cent and 0.5 per cent, respectively, the Department of Statistics Malaysia (DOSM) said. Chief statistician Datuk Seri Mohd Uzir Mahidin said the export unit value index fell 0.2 per cent in September 2021 compared with […]
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