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Thailand: MPI records 29-month high

Thailand’s manufacturing production index (MPI) in March reached its highest level in 29 months, increasing by 4.12% year-on-year to 107.73 points, an 8.39% rise from February. The positive results are due partly to the government’s economic stimulus packages and the fact that recent restrictions to curb the spread of Covid-19 are not affecting the operations […]

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Cambodia expects China, RCEP to help boost economic recovery

Amid the raging COVID-19 pandemic, Cambodia’s economy in 2020 registered its slowest growth since 1994. However, the country’s growth is projected to rebound this year, thanks to its newly-signed bilateral free trade agreement with China and the Regional Comprehensive Economic Partnership (RCEP). A government report showed that the Southeast Asian nation’s economy shrank 1.9 percent […]

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Thailand: Low-rise house price index rises in Q1

The price index of low-rise houses in Greater Bangkok picked up in the first quarter of 2021 after decreasing for three consecutive quarters because of rising demand, according to the Real Estate Information Center (REIC). Vichai Viratkapan, the centre’s acting director-general, said demand for low-rise houses in Greater Bangkok was on an upward trend, driving […]

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Minister: Indonesia now world’s largest biodiesel producer

Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said on April 26 that India is now the world’s largest biodiesel producer with a daily output of 137,000 barrels, much higher than the US with 112,000 barrels, Brazil 99,000 barrels and Germany 62,000 barrels. Jakarta (VNA) – Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said on April […]

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