KUALA LUMPUR: Malaysia’s total trade in June hit a new record high of RM270.4bil, up 43.4% on the previous year, as both export and import numbers continued to trend higher. However, as imports grew faster than imports, the country’s trade surplus shrank 0.8% year-on-year (y-o-y) to RM21.9bil. On a month-on-month basis, trade surplus in June […]
Read MoreThe price increases of crude oil and input materials of many industries have led to increases in finished products, putting a burden on businesses and people. On July 12, at a session of the National Financial and Monetary Policy Advisory Board, Deputy Prime Minister Le Minh Khai assigned the Ministry of Finance to join forces […]
Read MoreTHAILAND’S economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation, the central bank chief said on Wednesday (Jul 20), amid expectations of an interest rate hike. Economic recovery is expected to continue while the financial system remains strong and functioning normally, Bank of […]
Read MoreMANILA, Philippines — The Philippines is one of the countries in Asia-Pacific highly vulnerable to volatile food and energy prices as the Russia-Ukraine war continues to disrupt the supply and raise the cost of agricultural products as well as fertilizers and other inputs, according to Moody’s Investors Service. In a report, the debt watcher said […]
Read MoreCambodia continues to attract large investments, with the latest being four CDC-approved investments worth more than $100 million. This is according to a senior official of the Council for the Development of Cambodia. the official said that after the simplification of the Law on Investment and the provision of new opportunities, Cambodia attracted many large […]
Read MoreThe government’s latest bid to attract affluent foreigners involves offering the ability to purchase land for residential use in the country. While this proposal is intended to reinvigorate the economy, many analysts are urging caution. What does the proposal regarding foreign land ownership in Thailand entail? Government spokesman Thanakorn Wangboonkongchana recently announced the Land Department […]
Read More
Thailand
