Thailand’s GDP growth may be in a negative territory this year as the intense lockdown measures and the prospect of a protracted pandemic continue to crush the economy, according to Asia Plus Securities (ASPS). The imminent lockdown measures are expected to be as strict as those employed during the second quarter of 2020, pressuring the […]
Read MoreTHE Singapore dollar is poised to outperform its South-east Asian peers as a higher vaccination rate and rising core inflation may spur its central bank to start tightening policy sooner than its regional counterparts. While all South-east Asian currencies have been under pressure against the greenback since the Federal Reserve’s latest “dot plot” brought US […]
Read MoreMANILA: Developing Asia’s economic growth this year will be slightly lower than previously projected, the Manila-based Asian Development Bank said on Tuesday, citing the resurgence of Covid-19 infections in countries. The ADB said recovery was underway in “developing Asia”, referring to the bank’s 46 members, including China and India, but growth was revised down to […]
Read MoreThe US market topped export destinations for Cambodian products during the first six months of 2021 as the two countries confirmed their commitment to continue strengthening bilateral cooperation, especially in the field of trade. Figures from the Ministry of Commerce for the year’s first semester showed that Cambodia exported $3.019 billion worth of products to […]
Read MorePETALING JAYA: Malaysia is a favoured expansion destination for Asean companies looking for growth opportunities in the region, according to Standard Chartered’s (StanChart) latest survey. In its “Borderless Business: Intra-Asean Corridor” report, it noted that 49% of survey respondents had selected Malaysia as one of the countries offering the best expansion opportunities in Asean over […]
Read MoreMANILA, Philippines — The country’s sugar production for the current crop year has already surpassed the government’s full-year target, according to the Sugar Regulatory Administration. Data from the Sugar Regulatory Administration (SRA) showed that sugar output reached 2.137 million metric tons as of the first week of July, slightly lower than the 2.14 million MT […]
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