KUALA LUMPUR: Malaysia’s Manufacturing sales value in June 2022 expanded 23.4% to RM153.5bil as compared to RM124.4bil reported a year ago, according to the Statistics Department (DOSM). On a month-on-month growth, the sales value expanded by 8.1% from RM142bil in May 2022 while in seasonally adjusted terms, the sales value increased by 6.9%. “The year-on-year […]
Read MoreThe cabinet yesterday approved the allocation of 1,032 rai of land in the Eastern Airport City project to create a free-trade zone within the Eastern Economic Corridor (EEC), in a move to attract investors and businesspeople. Speaking after the weekly cabinet meeting, Prime Minister Prayut Chan-o-cha said the free-trade zone at Airport City will not be […]
Read MoreSuch a move will help Vietnam diversify oil import sources from China, the US, and the Middle East, and avoid dependence on certain partners amid growing global uncertainties. The Vietnamese Government has agreed to halve the most favored nation (MFN) tariff on petroleum products from 20% to 10%. The decision, which took effect on August […]
Read MoreMANILA, Philippines — The country’s manufacturing output rose in June from the previous month,with 13 industry groups posting increases, the Philippine Statistics Authority (PSA) said. Data released by the PSA yesterday showed the country’s factory output as measured by the Volume of Production Index (VoPI) expanded at an annual rate of 2.4 percent in June, […]
Read MoreCambodia slipped one rank in the latest Nikkei Global Covid-19 Recovery Index but held the second rank as the country’s economy continues to bounce back vigorously from the clutches of the pandemic. With 78 points, the Middle East nation Bahrain now tops the index for July and Cambodia is just behind with 77.5 points. The […]
Read MoreThe Mice (meetings, incentives, conventions and exhibitions) segment has started to see busy schedules from international events in the second half as full reopening creates momentum for a gradual recovery. Paul Kanjanapas, chief executive of Bangkok Land PCL, the operator of Impact Exhibition Management, said the number of events in the second half tallied 500, of which […]
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Thailand
