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    Yearly Archives: 2021

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    • 2021
    • June 10, 2021
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    Philippines: Exports, imports escalate in April on low base effects

    MANILA, Philippines — Foreign trade posted a huge jump in April as both imports and exports registered hefty upticks due to low base effects from last year’s strictest lockdown, with the total deficit still at manageable levels. Latest data from the Philippine Statistics Authority (PSA) showed that external trade in goods swelled by 107.5 percent […]

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    • June 10, 2021
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    Singapore: Rules on gatherings relaxed, with up to 5 allowed from June 14; facials, saunas can resume

    SINGAPORE will permit groups of up to five people to gather while allowing capacity limits at events and attractions to increase from June 14, as the country moves into what has been labelled “Phase 3 (Heightened Alert)”. Each household can also receive up to five distinct visitors per day, from two people currently, according to […]

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    • June 10, 2021
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    Thailand: May consumer confidence hits record low on virus outbreak

    Consumer confidence dropped to a record low in May, hurt by the country’s latest and biggest coronavirus outbreak so far and a slow economic recovery, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce fell to 44.7 in May from 46.0 in April, when the outbreak emerged. […]

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    • June 10, 2021
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    Cambodia: Ministry of Commerce to launch E-Commerce marketplace

    Ministry of Commerce will launch CambodiaTrade, an e-commerce marketplace aiming to serve small and medium enterprises (SMEs) to sell their products online to potential clients in the domestic and overseas markets. The ministry calls on those who wish to sell their products in the e-commerce marketplace to make the pre-registration. To be eligible to use […]

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    • June 10, 2021
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    Malaysian company Top Glove’s Q3 profit soars to RM2.04b

    (THE BUSINESS TIMES) – Malaysia’s Top Glove posted a net profit of RM2.04 billion (S$654.7 million) for the third quarter ended May 31, almost six times the amount of RM347.9 million in the previous year, though it saw easing quarter on quarter. At a briefing following the announcement of its results, the company also said […]

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    • June 10, 2021
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    Vietnam: Banks cut lending interest rates to lowest level in years

    Banks have cut lending interest rates, now at the lowest levels in many years, to help people and businesses hit hard by Covid-19. Vietcombank, for example, has cut lending interest rates and fees for clients from Bac Giang and Bac Ninh provinces, the two Covid epicenters, from June 1 to August 31, 2021. The bank […]

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