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Vietnam: Wood exports surge 17.1% in Q1

HANOI — Vietnam’s exports of wood and wooden products in the first quarter of this year hit US$1.78 billion, a year-on-year increase of 17.1 per cent, the General Department of Vietnam Customs reported. This was especially evident in exports to the US and Japan, Vietnam’s largest wood importers. In the first three months of 2017, […]

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Thailand: TAT to host street food festival

The Tourism Authority of Thailand (TAT) will host Bangkok Street Food Festival in June to give local roadside cuisine greater exposure to international tourists. TAT governor Yuthasak Supasorn said the authority is ready to host the street food festival in partnership with Bangkok Metropolitan Administration (BMA) on a popular road in the capital. The potential […]

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Lao businesses face ‘high logistics costs’

HIGH LOGISTICS costs in Laos are still a major obstruction for business operations throughout the domestic private sector and can also deter investors, a recent study suggests. Logistics costs in Laos are as high as double those of other Asean countries, according to the Japan External Trade Organisation. A study conducted by a Jetro survey […]

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Philippines: Fiscal balance swings to deficit in February

MANILA, Philippines – The national government’s fiscal balance swung back to a deficit last February as revenue generation failed to offset spending during the period, data from the Bureau of the Treasury (BTr) showed. In its latest cash operation report, the BTr said the national government incurred a fiscal deficit of P23.7 billion in February, […]

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