MANILA, Philippines — Foreign trade posted a double-digit expansion in May, albeit slower than the previous month, as both exports and imports record softer growth. External trade continued its ascent for the fourth straight month in May, growing 39.9% year-on-year to $14.54 billion, the Philippine Statistics Authority reported Friday morning. But the expansion eased from […]
Read MoreKUALA LUMPUR: Malaysia’s unemployment rate improved in May but the enhanced movement control order (EMCO) due to the Covid-19 pandemic could result in an uneven situation in the ensuing months. The Statistics Department said the country’s unemployment in May was 4.5% or 728, 100 people – an improvement from the all-time high of 5.3% or […]
Read MoreThe number of foreigners who arrived in Cambodia January-May has been reported by the Ministry of Tourism as 91,596, a plunge of more than 92 percent from the same period in 2020. Thai visitors topped the list at 46,395 arrivals, followed by 27,693 Chinese. Most of the visitors were tourists, businesspersons or investors. Everyone flying […]
Read MoreWhile people are staying at home to curb the spread of the pandemic, last-mile delivery shippers work hard to provide essentials and food to consumers. However, shippers are becoming overwhelmed by rising orders and the high risk of coronavirus infection. Vietnam’s e-commerce sector was growing even before the pandemic hit. Now, with lockdowns and social distancing […]
Read MoreLocal businesses favour a partial lockdown, especially in areas with severe infection numbers to reduce the economic impact. Many business leaders warn a total nationwide lockdown would cause huge losses for the country’s economy and massive harm for enterprises. Careful vetting Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said the group disagrees with […]
Read MoreCambodia exported nearly $6 billion worth of goods in the first five months of this year, an increase of 1.6% compared to the same period last year. This was disclosed in the Ministry of Economy and Finance socio-economic trends recent report where it also said that in the first five months, exports reached $5,982 million […]
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Thailand
