Nanning (Xinhua) – At a leading paper factory in south China’s Guangxi Zhuang Autonomous Region, a production line was running at full steam as orders from ASEAN countries surge this year. “Nearly 90 containers filled with white cardboard produced by the factory are shipped through Qinzhou port every day to ASEAN markets and the number keeps […]
Read MoreMANILA, Philippines — The country’s factory activity slowed down in July as higher prices and global uncertainties dampened demand for products. S&P Global Market Intelligence said in a report released yesterday that the country’s purchasing managers’ index (PMI) fell to 50.8 in July from 53.8 in June. The latest reading remained above the 50-no change […]
Read MoreDespite a downward trend in fuel prices, airlines remain cautious about energy costs and still have to maintain low fare promotions to sustain travel demand. Tassapon Bijleveld, acting chief executive of Thai AirAsia X, said the situation regarding fuel prices has seen a gradual improvement which benefitted operational costs. However, the current price is still […]
Read MoreCambodia’s garment, footwear and travel goods industry has seen a 40-percent rise in exports in the first half of this year, according to a report from the General Department of Customs and Excise. The Southeast Asian nation exported the products totally worth $6.6 billion during the January-June period this year, up 40 percent from $4.72 […]
Read MoreGovernor of the State Bank of Vietnam Nguyen Thi Hong said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight dollarisation and goldisation in the domestic economy At a recent meeting, Hong said according to the country’s policy to restrict gold supply sources […]
Read MorePETALING JAYA: Higher inflationary pressures and geopolitical risks are expected to warrant at least another 25 basis points (bps) hike in Malaysia’s key benchmark interest rate for this year. The overnight policy rate (OPR), which determines the cost of borrowings, has been raised twice this year by 25 bps to 2.25% currently. The move to […]
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Thailand
