MORE supply-chain shifts to Asean are being announced, and these are increasingly led by capacity additions rather than the use of existing capacity, said Citi economists Kit Wei Zheng and Ang Kai Wei in an Oct 15 report. They noted 29 announcements in the third quarter of 2019 and 24 in the second quarter, compared with […]
Read MoreThe government pledges to speed up studies on the opportunities and challenges in reviving long-delayed trade talks between Thailand and the EU after the Council of the EU said in a statement on Tuesday the bloc aims to resume negotiations with Thailand on a free trade agreement (FTA). Auramon Supthaweethum, the director-general of the Department […]
Read MorePETALING JAYA: GD EXPRESS CARRIER BHD (GDex) is making a foray into Vietnam by acquiring a courier and logistics services company, Noi Bai Express and Trading Joint Stock (Netco), for a total of RM13.85mil. In a statement on Bursa Malaysia yesterday, the logistics company said it is acquiring 50% of the total enlarged issued share capital of […]
Read MoreThe government is mulling a plan to impose temporary additional duties on imports of textile and textile products (TPT) as a safeguard measure to protect the domestic upstream industry from a recent surge in imports. The Finance Ministry’s fiscal policy head, Suahasil Nazara, said the government had identified 121 products, including yarn and curtain fabric, […]
Read MoreMANILA, Philippines — Vehicle sales picked up in September from a year ago after posting a slight dip year-on-year in August, amid the improved performance of both the passenger car (PC) and commercial vehicle (CV) segments. Data released yesterday showed combined sales of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck […]
Read MoreThe Hanoitimes – Securities company KB Securities projected Vietnam’s GDP growth in the fourth quarter of 2019 to reach 6.95 – 7%, leading to the whole-year growth at nearly 7%. Since the third quarter of 2018, Samsung Vietnam has no longer served as a driving force for Vietnam’s GDP growth, as the company has entered the […]
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Thailand
