MANILA, Philippines — Retail prices of construction materials in the national capital region accelerated in January, indicating a steady resumption of demand, the Philippine Statistics Authority (PSA) said. The Construction Materials Retail Price Index (CMRPI) in NCR rose at a faster clip of 1.2 percent in January 2021 from 0.7 percent last year. However, it […]
Read MoreThe Regional Comprehensive Economic Partnership, the world’s largest trade pact, offers Vietnamese agricultural exporters an excellent opportunity to increase their participation in global value chains, experts said. Le Duy Minh, chairman of the Vietnam Farms and Agricultural Enterprises Association, said the RCEP provides the country’s farm produce with access to a larger market and opportunity […]
Read MoreSeven airlines in Thailand have formed an association to deal with the pandemic and pave the way for vaccine passport cooperation. Bangkok Airways president Puttipong Prasarttong-Osoth said the Airlines Association of Thailand (AAT) has set a long-term goal of elevating the aviation industry in Thailand. However, the short-term priority is the soft loan request the […]
Read MoreMANILA, Philippines — The Philippines continues to fail in attracting foreign investors given its restrictive lockdown measures that discourage companies to pour in much-needed capital to revive the economy. Latest data from the Philippine Statistics Authority (PSA) showed that approved foreign investments plunged by 71 percent last year to P112.12 billion. In the fourth quarter, […]
Read MoreThe Better Factories Cambodia (BFC) framework has expanded to include more manufacturing sectors. “BFC currently covers all exporting garment factories. Now the government has decided to expand the coverage to include travel goods and bag factories,” Ken Loo, secretary-general for the Garment Manufacturers Association of Cambodia (GMAC), said, calling the development “a clear indication of […]
Read MoreThe Hanoitimes – Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year. Vietnam recorded a trade surplus of US$2.09 billion in the first month of 2021, which remained a stark contrast from a deficit of US$300 million in the […]
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