Thai manufacturers and exporters are being urged to improve their competitiveness in the European market as prospective EU buyers may shift to cheaper goods from Vietnam after the EU-Vietnam free-trade agreement (FTA) became effective in August 2020. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said EU buyers may consider importing products from Vietnam instead […]
Read MoreThailand has changed the base years for its consumer and production price indexes to better reflect consumption and manufacturing amid the coronavius pandemic, the Commerce Ministry announced on Wednesday. The base year for the consumer price index (CPI) was changed from 2015 to 2019, the year when its latest population survey was completed and before […]
Read MoreMANILA, Philippines — The economy’s crash last quarter was slightly softer than originally estimated, state statisticians said on Wednesday. Gross domestic product (GDP), the sum of all products and services created in an economy, collapsed a revised 11.4% year-on-year in the 3 months ending September, a tad better than the 11.5% contraction reported last November. […]
Read MoreThe Hanoitimes – The Covid-19 pandemic are prompting major rice buyers including the Philippines and African countries to turn to Vietnam, while there has been a growing demand for rice in Asia. Vietnam Food Association (VFA) expected the country to export more than six million tons of rice in 2021, citing high global demand as a […]
Read MoreAuthorities plan to keep greater Bangkok zoned red for maximum Covid-19 control, but restrictions on business and activities could be eased to varying degrees in other areas next month, a government spokesman said on Wednesday. Taweesilp Visanuyothin, spokesman for the Centre for Covid-19 Situation Administration, said the CCSA’s sub-committee on easing business and activity restrictions […]
Read MoreSINGAPORE (BLOOMBERG) – Foreigners snapping up private apartments in Singapore declined to a 17-year low last year as travel restrictions and lockdowns in various countries deterred them from coming to the city-state. Purchases of units fell to 742 last year, according to real estate consultancy firms ERA Realty Network and OrangeTee & Tie. That’s the […]
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