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Philippines: Factory activity hits 3-month low in February

MANILA, Philippines — The growth in Philippine manufacturing activity eased to a three-month low in February amid supply chain concerns and higher costs. In a report released yesterday, S&P Global said the country’s purchasing manager’s index (PMI) remained on expansion mode but slowed to 52.7 in February from 53.5 in January. “The latest reading signaled […]

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Thailand: Higher airfares hobble Chinese market revival

The average airfare for flights connecting key cities in China and Thailand remains 1.5 times higher than pre-pandemic prices, while for second-tier cities fares have surged 200%, which means low-priced tours cannot return, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said even though average airfares have decreased from last year, prices […]

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Vietnam an important hub in World Logistics Passport network

WIth the launch of the World Logistics Passport initiative in Việt Nam, the domestic logistics sector will reap more successes, optimising and sharing the interest of the programme amid extensive international integration. HÀ NỘI — Việt Nam will be an important logistics and trade hub of the World Logistics Passport (WLP) network, given the country’s […]

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Now Cambodians avail loan through ‘mobile chat’ tech

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing financial technology to make this possible. Cambodia-based Boost Capital, a […]

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