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Thailand: Border trade projected to increase 7%

The government expects cross-border trade to grow by 5-7% to 1.08-1.1 trillion baht this year, driven by the global recovery, economic and demand growth in neighbouring countries, as well as the baht’s weakness. The Laos-China high-speed train project, which opened on Dec 3, 2021, and the Commerce Ministry’s acceleration of reopening border checkpoints should also […]

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Laos’ inflation rate No2 in ASEAN

Laos is almost top of the list of countries recording high inflation rates in the region, sparking more concern about improved standards of living as people struggle with financial hardship. Year-on-year inflation in Laos rose from 5.04 per cent in November to 5.27 per cent in December last year, the highest figure recorded since August […]

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Indonesia records trade surplus of US$2.92 billion with China

Beijing (ANTARA) –  Indonesia recorded a trade surplus of US$2.92 billion with China last year and emerged as Beijing’s third-largest trade partner among ASEAN member states. “The performance of our trade with China during the January–December 2021 period was encouraging,” Indonesian Ambassador to China Djauhari Oratmangun  told ANTARA in Beijing on Wednesday. Quoting China Customs (GACC) data, the […]

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Philippines: What’s in it for the economy if the Public Services Act is amended?

MANILA, Philippines — After Congress ratified the bicameral version of the bill amending the Public Service Act on Wednesday, some analysts expect this legislation to steer the economy on a “positive” track, but stressed the need for stringent regulations. Why it matters If signed into law by President Rodrigo Duterte, the current version of the measure would open industries once […]

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Cambodia’s tourism to recover after 2 years of slump

Cambodia’s tourism industry is projected to rebound in 2022 after a two-year significant fall due to the COVID-19 pandemic, a tourism official said on Tuesday. The kingdom received 1.3 million international tourists in 2020, down 80 percent from 2019, and the number had further declined by another 85 percent to 196,495 in 2021, a Ministry […]

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COVID-19: Bắc Ninh thực hiện mục tiêu kép vừa chống dịch, vừa phát triển kinh tế
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Vietnam: Resolution sets major tasks and solutions for recovery

The Vietnamese Government has made great efforts to recover the country’s economic growth, with key tasks as defined in Resolution No.02/ND-CP. The Vietnamese Government has made great efforts to recover the country’s economic growth, with key tasks as defined in Resolution No.02/ND-CP to enhance national competitiveness and create a larger space for businesses to flourish […]

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