The Customs Department is set to launch a digital platform to facilitate importers who are individual entrepreneurs to address import-related obstacles. Phantong Loykutnanta, deputy director-general of the department, said with thriving cross-border purchases via e-commerce, 38 million parcels a year are imported by international delivery companies through express mail services at Suvarnabhumi airport. Another 5 […]
Read MoreKUALA LUMPUR: Malaysia’s February exports rose 17.6% year-on-year (y-o-y) to RM87.57bil, backed by rising global demand for semiconductors, rubber products as well as petroleum products and palm oil. According to the International Trade and Industry Ministry (Miti), this was a sixth consecutive month of export growth for the country and its highest recorded growth in […]
Read MoreHANOI: Vietnam’s gross domestic product grew 4.48% in the first quarter of 2021 from the same period a year earlier, while March exports soared 19.2% year-on-year, government data released on Monday showed. The expansion of GDP compared with 3.8% growth in the first quarter of 2020 and 4.48% in the fourth quarter. The industrial and […]
Read MoreThe developing economies of East Asia and the Pacific (EAP) are facing a markedly uneven recovery, according to the World Bank’s latest economic update for the region called Uneven Recovery Drives Growing Inequality Across East Asia and the Pacific. Despite startuing to bounce back in the second half of 2020, only China and Vietnam have […]
Read MoreThe Philippines placed the Manila region and nearby provinces under lockdown for a week from Monday to stem the nation’s worst coronavirus surge that’s overwhelming hospitals in its key economic area. The national capital region and the adjacent Bulacan, Cavite, Laguna and Rizal provinces will be under an enhanced community quarantine or ECQ, the nation’s […]
Read MoreKUALA LUMPUR: The World Bank is projecting the country’s gross domestic product (GDP) to grow by 6% this year, lower than its earlier forecast of 6.7%. In its Economic Update for East Asia and the Pacific – Uneven Recovery released yesterday, the bank said the growth is expected to be supported by the gradual strengthening […]
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Thailand
