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‘Philippines to lead ASEAN growth in 2022’

MANILA, Philippines — Economic recovery for Southeast Asia is expected to be more pronounced next year, as the region learns to live with COVID, with the Philippines expected to post the strongest rebound. In its weekly economic preview, market intelligence firm IHS Markit said the economic scenario for 2022 continues to be positive for ASEAN […]

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Thailand: Cigarette importers warned

The Excise Department has the authority to not approve cigarette importers from setting the product at an unusually low retail price, according to a department source. The source added that under the current tax structure for cigarettes, which took effect on October 1, retail prices of cigarettes are expected to increase. The current two-tier structure […]

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Vietnam’s electronics industry continues to grow despite COVID-19

Vietnam’s electronics industry, an increasingly important sector of the country’s economy, continues to grow despite the negative impact of the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT). Amid the pandemic, the sector brought home US$77.58 billion over the past nine months of 2021, statistics from the General Department of Customs showed.  Of this, the export of […]

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