According to the Lao Trade Portal, the November trade deficit figure of USD 45 million is quite low compared to September and October figures of USD 233 million and USD 230 million respectively. The overall value of Laos trade was USD 1.08 billion in November this year, with USD 519 million in exports and USD […]
Read MoreCambodia’s international reserves are broadly adequate, the Executive Board of the International Monetary Fund (IMF), which concluded the Article IV consultation with Cambodia, said. “The current account deficit in 2021 was mostly, but not fully, offset by similar magnitude of capital inflows along with valuation effects stemming from non-US$-denominated assets,” the directors said. They said […]
Read MoreINDONESIA will announce an export ban on a commodity later on Wednesday (Dec 21), President Joko Widodo said, without specifying which one, as he highlighted the success of his policy to stop nickel ore shipments to try to attract foreign investment. Jokowi, as the president is popularly known, said more bans will also be announced […]
Read MoreVietnam will not be prosperous without large private business groups because they are the pillars of the national economy and the backbone to create supply chains. Senior expert Tran Dinh Thien said that it is impossible to have an independent and self-reliant economy without a powerful business force. The country will not be prosperous without […]
Read MoreKUALA LUMPUR: Malaysia’s gross domestic product (GDP) growth for this year is very likely to exceed the earlier projection of between 6.5% and 7%, according to Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the Finance Minister, said sentiment remains positive at the end of 2022, with encouraging economic performance following the reopening […]
Read MoreThailand’s car production increased by 15% year-on-year to 190,155 units in November, the highest in 44 months, as the semiconductor shortage continued to ease, says the Federation of Thai Industries (FTI). This brought total numbers for the first 11 months to 1.72 million units, a year-on-year increase of 21%, and close to the 2022 target of […]
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