Thai rice exports soar in June thanks to Indonesian demand boost
The value of rice exports in the first half of this year came in at 118.67 billion baht (US$3.30 billion), of which 23.16 billion baht (US$644 million) was generated in June alone.
Economic Affairs
In South Korea, bankruptcy fears loom large over Tmon, WeMakePrice
Qoo10 CEO Ku Young-bae pledged a "complete recovery of damages" related to the payment delays affecting its struggling e-commerce affiliates, Tmon and WeMakePrice, with government…
South Korea overtakes US, Japan in FDI to Indonesia
Investment Minister Bahlil Lahadalia revealed that South Korean foreign direct investment (FDI) amounted to US$1.3 billion in the second quarter of this year, exceeding inflows…
Thailand’s SMEs in turmoil as manufacturing faces a downturn
The Industrial Production Index confirms this downward trend, shrinking by 2.08% in the first five months of 2024 compared to the same period last year, and clearly reflecting the…
Chinese firms begin study on oil and gas potential in eastern Indonesia
Sinopec and Petrochina are participating in a joint study to explore the oil and gas potential around Buton and Timor in eastern Indonesia, according to the Energy and Mineral…
Malaysia’s e-invoicing system set to go
With two days to go, most of the 5,000 companies under Phase 1 of the e-invoicing rollout are raring to go and looking at a smooth takeoff, say stakeholders.
China’s industrial profits growth accelerates in June
For the January-June period, China's industrial profits increased 3.5 per cent year-on-year, following a 3.4 per cent growth in the first five months.
Bangladesh’s RMG factories resort to weekend production to minimise loss
Amid the perennial inadequate supply of gas and power outages, last week's internet shutdown came as a major challenge for the manufacturers, as they failed to send the inspection…
Philippines can finally export raw sugar to US
The country’s allocation is part of the US commitment under the World Trade Organization Agreement, which entails a minimum of 1,117,195 MTRV reserved by the latter for…
Hong Kong leader embarks on ASEAN visit
Chief Executive John Lee Ka-chiu leads a Hong Kong delegation on a visit to three ASEAN member states—Laos, Cambodia, and Vietnam—which started Sunday, July 28.