The coronavirus 2019 (Covid-19) pandemic will test the soundness of the economic fundamentals of the Asean+3 economies, including the Philippines, but the region is bound to emerge from the crisis stronger, according to the Asean+3 Macroeconomic Research Office (AMRO).

Negative growth forecast for Singapore and Thailand as unemployment escalates

Food supply chain disruptions caused by Covid-19 may lead to increased food security challenges in ASEAN.

Date for the revised North American trade deal to kick in now up to Americans

Raw material imports from China are no longer the concern for many Vietnamese industries, and it is now the frequent cancellation of orders by US and EU customers, according to the Ministry of Industry and Trade.

In addition to the production values achieved in recent times, Vietnamese wood processing enterprises are paying more attention to investing in intangible values such as design and brands. This is also a basis for entering the higher segment, creating a larger surplus.

Craft associations believe that a host of enterprises are poised to face insurmountable difficulties, with millions of workers facing the prospect of being laid off as the economic impact of the novel coronavirus (COVID-19) begins to be felt.

Vietnam's textile, auto and timber industries are facing challenges with plummeting revenues threatening massive job cuts as the Covid-19 pandemic intensifies.

The pandemic is giving the people an economic blow and around the world they are losing their jobs in large numbers. Large gatherings are cancelled and people undertake social distancing, making it impossible for many businesses to continue.

Fruits exports to China in the first quarter fell 29.4 percent year-on-year as the coronavirus pandemic halted trade activities.