Myanmar trade deficit in goods with Singapore was estimated at US$10.72 billion in the past four years, the statistics issued by the Central Statistical Organization under the Ministry of Planning, Finance and Industry indicated. The value of Myanmar’s bilateral trade with Singapore topped $15.46 billion between the FY2016-2017 and the FY2019-2020 (as of August). The […]
Read MoreMANILA, Philippines — Soured loans of Philippine banks continued to pick up for the ninth straight month, hitting the highest level in more than seven years due to the impact of the COVID-19 pandemic. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed the gross non-performing loan (NPL) ratio of the banking sector rose […]
Read MorePETALING JAYA: Restrictive measures following the rise in the number of new Covid-19 cases will add pressure on job creation in the fourth quarter, possibly raising the unemployment rate for the year. Analysts noted that the labour market had benefited from the relaxation of restrictive measures in the third quarter on the back of stronger […]
Read MoreThe Hanoitimes – If the world’s GDP growth decreases by one percentage point, Vietnam’s export expansion would fall by four percentage points, but the decline in 2020 seems to be even more serious. Economic reforms and international cooperation are essential for Vietnam to navigate through the Covid-19 pandemic, according to Nguyen Anh Duong, head of the […]
Read MoreBusiness activities, especially tourism-related services, have started to see the impact of the fear of a potential second wave of COVID-19. Chun Leap, the owner of Romdul Bokor restaurant in Phnom Penh, said her business had seen some recovery in the last few months but that now it was back to where it was six […]
Read MoreThe Eastern Economic Corridor (EEC) Office plans to increase its investment of 1.7 trillion baht in targeted industries as global trade and investment are expected to rebound with US president-elect Joe Biden’s rise to power. Officials are adjusting the five-year investment plan, which starts this year, and will forward the new version to Deputy Prime […]
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Thailand
