Thailand's manufacturing production index (MPI) in August decreased by 4.15 percent from a year earlier, the lowest level in 13 months, according to the latest data from the Office of Industrial Economics.
The Philippines’ manufacturing production slumped in June due to negative impact of the COVID-19 pandemic, according to the country’s Statistics Authority (PSA).
The opening month of this year saw a modest improvement in business conditions in the Vietnamese manufacturing sector, according to a report by a London-based information services firm.
Thai Prime Minister Prayut Chan-o-cha has called on Cambodia, Laos, Myanmar, Vietnam and Thailand (CLMVT) to embrace innovation or else risk losing their competitive edge.
The Purchasing Managers’ Index (PMI) of Vietnam rose to a four-month high of 52.5 in April from 51.9 in March, signalling a solid monthly improvement in the health of the manufacturing sector, according to a Nikkei-IHS Markit survey.
Thailand's Manufacturing Production Index in 2017 showed 1.58 percent growth from a previous year with rubber products, automobiles, automobile engines, vegetable oil, and petroleum being major performers.
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