The International Monetary Fund (IMF) is projecting that Cambodia will be the third-fastest growing economy in ASEAN next year and the region’s fastest growing economy in 2025. In its World Economic Outlook released during the IMF’s annual meeting on Tuesday, Cambodia’s economy is forecast to shrink 2.8 percent this year — slightly more than the […]
Read MoreSINGAPORE: Singapore’s central bank left its monetary policy unchanged, saying its accommodative stance will remain appropriate for some time as the city-state’s economy emerges from its coronavirus slump. The Monetary Authority of Singapore (MAS) manages policy through exchange rate settings, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of […]
Read MoreMANILA, Philippines — Sales of car importers dropped 46 percent in the nine months to September as all vehicle segments posted declines, the Association of Vehicle Importers and Distributors Inc. (AVID) said. Although sales surged 212 percent on a quarter-on-quarter basis, the group is hopeful the automotive industry will continue to see improvement in the […]
Read MoreThe new 5G-compatible iPhone 12 line could help push up demand in the smartphone market, with the government’s tax rebate “Shop and Payback” scheme anticipated to be a key driver for the segment in the fourth quarter, according to tech pundits. Apple unveiled its iPhone 12 range at a virtual event on Tuesday. They consist […]
Read MoreThe Hanoitimes – Car sales in Vietnam in the January–September period dropped 22% year-on-year to 179,155 units across all segments. The number of cars sold in Vietnam increased by 32% month-on-month but slipped 2% year-on-year to 27,252 units in September, a significant improvement compared to a 14% decline in the sales volume in August, according to […]
Read MoreTour and hospitality business operators have massively cut the cost of their services and package tours to make prices more affordable and encourage Lao people to take vacations around the country. The special promotions now on offer are targeted at local visitors in a bid to make up for the absence of foreign tourists during […]
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Thailand
