Exports of garments manufactured under the cut-make-pack (CMP) system were valued US$2.73 billion in the period between 1 October and May-end in the current fiscal year 2019-2020, according to data from the Ministry of Commerce. Myanmar’s manufacturing sector is largely concentrated in CMP garments and textiles, which contribute to the country’s GDP to some extent. […]
Read MoreThe Hanoitimes – Further monetary and fiscal support in the second half of this year could push growth closer to the government’s target of 4-5%. Vietnam’s 2020 growth is expected to slow to a multi-year low of 3% on soft external demand as global headwinds are likely to weigh on growth, offsetting domestic outperformance, Standard Chartered […]
Read MoreThe government is mulling over a plan to introduce a grant, or “productive social assistance”, to help hard-hit micro, small and medium enterprises (MSMEs) amid the pandemic slowdown, according to a minister. “We hope it can help micro enterprises,” Cooperatives and Small and Medium Enterprises (SMEs) Minister Teten Masduki said in a virtual discussion on […]
Read MoreThe construction of a deep water port terminal Phase I in Sihanoukville Autonomous Port is scheduled to start in 2021 and take three years to complete. Mr. Thay Rithy, Deputy Director General of Sihanoukville Autonomous Port, told AKP that the detailed design of the project has been completed and it is now in the process […]
Read MoreVietnam has a great opportunity to receive new FDI, but it has been warned of the ‘the other side of the coin’. According to the General Statistics Office (GSO), foreign investors registered $15.7 billion of FDI in the first six months of the year, a 15.1 percent decrease compared with the same period last year. […]
Read MoreThailand has not intervened in the baht for any competitive trade advantage and its foreign exchange transactions have been in line with rapid capital movements, the central bank said on Thursday. The comment came after a media report that Thailand could be added to a US watch list for currency manipulation. The baht has been […]
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Thailand
