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Philippines: Factories hike output in June

MANILA, Philippines  — Manufacturing conditions in the country stabilized in June as manufacturers raised output for the first time since February, according to the latest IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI). The headline manufacturing PMI for the Philippines rose from 40.1 in May to 49.7 in June, just below the neutral 50 mark […]

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Thailand: Buyers’ new priorities

The work-from-home trend, transport route expansion and health-conscious living will become major factors in shaping expectations in the Thai residential market as a result of the Covid-19 outbreak, according to CBRE Thailand. In the near term, condominium developers are focusing on clearing out their unsold inventory while the detached housing market continues to attract end-user […]

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Vietnam: Retail industry to face being “swallowed” once EVFTA comes into force

With the implementation of the EU-Vietnam Free Trade Agreement looming, besides providing opportunities, the Vietnamese retail market is anticipated to face numerous challenges,  with the industry facing the possibility of being “devoured” in the future. A report published by the Nielsen Market Research Company indicates that the country is currently one of the retail markets […]

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Vietnam: EVFTA to come into effect in a month

The EVFTA will abolish 65 per cent of the duties on EU exports to its developing partner, with the remainder phased out over a 10-year period. The announcement was made by the European Commission in a notice published on Tuesday. The EVFTA will abolish 65 per cent of the duties on EU exports to its […]

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