Cambodian Prime Minister Hun Sen said on Saturday that strengthening globalisation and multilateral trade are crucial to supporting global economic growth and reducing poverty. The prime minister made the remarks at the Global Manufacturing and Industrialization Summit which was held virtually from Sept. 4 to 5 and co-hosted by the United Nations Industrial Development Organisation […]
Read MoreDESPITE imposing one of the world’s longest and strictest lockdowns, coronavirus cases in the Philippines have now surged past 230,000, with Indonesia eclipsed as the region’s biggest outbreak. The virus resurgence is said to have been fuelled by testing gaffes and failures in quarantine protocol in the face of over 100,000 overseas Filipino workers arriving […]
Read MoreASEAN countries are becoming a rising hub destination for global manufacturers thanks to well-established trade networks, a growing middle class, a thirst for tech expansion, and a young and educated workforce. As a region, ASEAN has experienced years of consistent high growth. Its markets now draw more foreign direct investment and are wealthier than before […]
Read MoreThe EU-Vietnam Free Trade Agreement has created a new driving force for Vietnam’s logistics, but the industry needs to take further action to unlock its full potential. Tran Viet Huy, managing director of Tracimexco – Supply Chains and Agency Services JSC (TRA-SAS), told VIR that the EU-Vietnam Free Trade Agreement (EVFTA) will open up doors […]
Read MoreThe headline consumer price index (CPI) declined 0.50% in August from a year earlier, a smaller than expected drop, according to Commerce Ministry data released on Thursday. The reading compared with a forecast fall of 0.65% in a Reuters poll of leading ecnomists, and July’s 0.98% decline. The core CPI index rose 0.30% from a […]
Read MorePETALING JAYA: After a sharp V-shaped rebound after the movement control order (MCO), the Malaysian manufacturing sector appears to have moved towards stabilisation. The country’s manufacturing Purchasing Managers’ Index (PMI) has continued to moderate over the past two months but contracted slightly in August. However, economists feel the PMI number of 49.3 in August was […]
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Thailand
