SINGAPORE: Singapore’s economy unexpectedly contracted in the second quarter as exports continued to plunge amid a worsening global economy. Gross domestic product in the trade-reliant city state declined an annualised 3.4% in the quarter compared with the first three months of the year. That compared with growth of 3.8% in the first quarter and 0.5% […]
Read MoreThe Hanoitimes – The FDI sector remained a bright spot of the economy, playing a crucial role in economic growth through exports. Vietnam’s GDP is projected to expand 6.96% in 2019 with inflation rate at 3.5%, coming on the back of strong GDP growth of over 7% in the remaining two quarters, according to Nguyen […]
Read MorePolitical uncertainties clouding the economy will likely ease to some extent with the new cabinet in place, but the private sector remains concerned about the ability of the 19-party coalition government to deliver policies. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said it’s too early for the private sector to make any comments […]
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Thailand
