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The International Trade and Industry Ministry of Indonesia boldly raised a “no cheap stuff” sign on its entry points, targeting specifically nylon film from trade rival countries of China, Thailand, and Taiwan. Import duties have been slapped on it, and the amount is indeed big. Think of it this way: your favorite local shop is being squeezed out by a …
Thai pro-democracy demonstrators climbed a huge Bangkok statue, draping it in a crimson cloth and calling for the monarchy to revoke the oppressive rules of royal defamation. Owing to a new outbreak of coronavirus infections in Thailand, support for the youth-led campaign calling for an overhaul of Premier Prayut Chan-o- cha’s government has stalled in recent months. But the latest …
As part of efforts to address harmful air emissions, Thailand will seek to make hybrid cars responsible for 30 percent of automotive manufacture by the end of the decade. The government aims to step up the use and manufacture of electric vehicles with national policies based on environmental and air emission solutions. Thailand still has the benefit of being a …
As Thailand continues to suffer economic hardship from the Covid-19 pandemic, Thailand’s Justice Minister has come up with a way to help refill the coffers. Justice Minister Somsak Thepsutin has ordered authorities to nail the businesses that launder illicit drug money from the Golden Triangle and seize 1.5 billion from them by August. He said that anti-narcotic officials have already arrested …
South East Asia’s manufacturing sector continues to deteriorate amid further rapid contractions in both output and new orders despite re-opening of more economies from Covid-19 related lockdowns, with expectations of stabilizing production in the upcoming months. According to Japan’s Nomura Global Markets Research, Asean manufacturing experienced higher activity in May but the pace of recovery is more gradual than China’s …
PETALING JAYA: Manufacturing sector and industrialists are confident that the current situation caused by the corona virus or Covid-19 outbreak would soon slow down as most business units and plants in China are back in business. The rest of the areas, except in Wuhan where the virus originated, factories in China are running at full steam, as reported by the …
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