[BANGKOK] Thailand’s economy is expected to grow 3 per cent to 4 per cent this year, helped by increased investment and a reopening to foreign tourists, Deputy Prime Minister Supattanapong Punmeechaow said on Wednesday. The government will continue to cap energy prices to maintain the country’s competitiveness, he told a business seminar. South-east Asia’s second-largest […]
Read MoreIndustry experts are divided on whether Cambodia’s tourism industry will win or lose as Southeast-Asia reopens its borders to foreign visitors. Vietnam is considering allowing tourists back from March 15, Thailand has restarted its Test & Go scheme after a month’s hiatus and Singapore is planning to triple the number of visitors passing through its […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) builds on the existing free trade agreements created by the ASEAN partnership, further developing economic integration and shaping future trade policies. The RCEP agreement – that came into force on January 1, 2022 – is designed to reduce trade barriers and improve market access for goods in constituent nations. […]
Read MoreSINGAPORE – Singapore’s consumer prices continued to climb in January, with inflation expected to keep rising in the near term before easing, according to figures out on Wednesday (Feb 23). Core inflation, which strips out accommodation and private transport costs, rose further to 2.4 per cent on a year-on-year basis last month, from 2.1 per […]
Read MoreVarious reports and studies have shared projections and statistics pertaining to Brunei Darussalam’s economy. Among them is the Brunei Economic Outlook 2022 published by Centre for Strategic and Policy Studies (CSPS). Brunei’s think tank. According to the report, Brunei Darussalam’s economy is forecast to expand by 3.7 per cent in 2022, after contracting by an […]
Read MoreThe year-on-year inflation rate jumped to 6.25 percent in January, the highest figure recorded since January 2020, inflicting another blow on Lao people’s wallets. The cost of goods and services has continued to climb since March last year and jumped to 5.04 percent in November before rising to 5.27 percent in December, according to the […]
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