Tuesday, 12:36, 23/02/2021
Vietnam’s growth prospects will depend on how well and how quickly the authorities will bring the new coronavirus outbreak under control and how quickly international and national vaccinations will proceed, according to the World Bank (WB).
The fibre production line of the Phu Tho Textile Co. Ltd
In its Vietnam Macro Monitoring report issued earlier this month, the WB said January’s industrial production index jumped by 24.5% year on year, the highest growth rate since the beginning of 2019. Merchandise exports and imports respectively grew 51.8% and 41.8% from the same period last year.
The preliminary January goods trade surplus is estimated at US$1.1 billion. Exports to the US and China continued the robust growth of 2020 while those to the EU, ASEAN, Japan and the Republic of Korea (RoK) bounced back strongly. Similarly, imports from the RoK, ASEAN and the US joined those from China, Japan and the EU to stay in expansionary territor
22 Feb 2021 - 8:33
The Peninsula
Doha: Qatar’s Industrial Production Index (IPI) for December 2020 stood at 100.7 points, showing an increase of 10.4 percent compared to the previous month (November 2020). When compared on year-on-year basis, the IPI index has decreased by 5.7 percent compared to the corresponding month in 2019, data released by the Planning and Statistics Authority (PSA) show.
The index of Mining sector showed an increase by 12.0 percent compared to the previous month (November 2020), as a result of the increase in the quantities of “crude oil petroleum and natural gas” by 12.0 percent, while “Other mining and quarrying” also showed an increase by 3.8 percent. When compared to the corresponding month of the previous year (December 2019), the IPI of Mining decreased by 6.3 percent.
Tuesday, 09 Feb 2021 07:51 PM MYT
RAM Ratings Services Bhd has estimated Malaysia’s GDP to contract by 2.8 per cent in Q4 2020 amid the restriction imposed under the CMCO. Picture by Hari Anggara
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KUALA LUMPUR, Feb 9 RAM Ratings Services Bhd has estimated Malaysia’s gross domestic product (GDP) to contract by 2.8 per cent in the fourth quarter of 2020 (Q4 2020) amid the restriction imposed under the conditional movement control order (CMCO).
In a statement today, the credit rating agency said this will be the third consecutive quarter of contraction in 2020, leading to a 5.4 per cent contraction for the full year.
KUALA LUMPUR: Malaysia’s economy is estimated to have contracted by 2.8% in 4Q 2020, amid the restrictions imposed under the conditional movement control order (CMCO), according to RAM Ratings.