MANILA, Philippines — Local car manufacturers failed to hit their sales target last year despite showing signs of recovery, with the industry itself admitting it won’t be business as usual as long as the pandemic drags on. What’s new A total of 268,488 vehicles were sold in 2021, 20% bigger compared with a year ago, […]
Read MoreVietnam is looking to work closely with foreign firms such as Samsung and Toyota to boost the supply of parts within the country, according to the Ministry of Industry and Trade. The ministry said major industries including car manufacturing, electronics, textiles and footwear were high on the priority list this year. The objective is to […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is likely to downgrade its economic growth forecast when it meets on Wednesday, despite an increase in the Thailand Industry Sentiment Index (TISI) for four consecutive months, says the Federation of Thai Industries. The move results from growing concern over the rapid spread of the Covid-19 […]
Read MoreDespite the ongoing Omicron outbreak, a group of Thai shippers are maintaining their export growth forecast at 5-8% this year, driven by the recovery of partner trading countries and the baht’s weakness. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said exports are likely to maintain growth momentum this year, albeit at a […]
Read MoreCambodia’s export volume (except gold) increased by 22.6 percent to $ 15.61 billion in the first eleven months of 2021, according the Ministry of Economy and Finance. The increase of exports from January to November 2021 was mainly driven by the rise in exports of textiles, bicycles and other goods. Other main exported items included […]
Read MoreThe Bank of Thailand is concerned with higher prices for living costs, but not in terms of overall price stability, says the central bank governor. The bank believes higher prices will not have an adverse impact on the macro economy and headline inflation will remain within its target, said central bank governor Sethaput Suthiwartnarueput. Yet […]
Read More
Thailand
