The business community is hoping for additional support following Prime Minister Hun Sen’s announcement that Cambodia will reopen by the end of this month. The local economy contracted by 3.1 percent last year, according to Asia Development Bank and is only forecast to grow 1.9 percent his year after projections were halved last month because […]
Read MoreSINGAPORE – Food is expected to become more expensive in Singapore in the coming months as energy prices increase amid higher prices for global food commodities, supply chain bottlenecks and labour shortages, said Trade and Industry Minister Gan Kim Yong. In a written reply to a parliamentary question from Shawn Huang (Jurong GRC) on Wednesday […]
Read MoreThailand’s media spending is expected to register double-digit growth next year, supported by the country’s reopening and state stimulus schemes, said Media Intelligence Group (MI), a media planning and creative agency. Spending on internet media is expected to reach 27 billion baht in 2022, accounting for 32% of total media spending, while television’s share of […]
Read MoreThe Lao government has reported a foreign currency outflow of over USD 303 million in the first nine months of this year. According to a report by Lao Youth Radio, Laos recorded a foreign currency outflow of approximately USD 34 million per month this year. Governor of the Bank of Laos, Mr. Sonexay Sitphaxay, told the National […]
Read MoreMANILA, Philippines — Unemployment soared in September, hitting its worse yet since the pandemic sent the economy into a historic meltdown. Data from the Philippine Statistics Authority found unemployment in September worsened to 8.9%, which according to the monthly Labor Force Survey yielded 4.25 million jobless Filipinos. This was the highest since July 2020 when […]
Read MoreVietnam’s port industry will likely maintain its growth streak throughout the end of the year and into 2022, thanks to the recovery of the global economy and the number of free trade agreements which the country is a part of. The flow of cargo through Vietnam’s seaports has been forecast to increase in double-digit numbers, […]
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