VIENTIANE (XINHUA) – Laos recorded a trade deficit of USD114 million in July, according to a report on Friday from the Lao Trade portal website. The total value of trade in July amounted to USD968 million, of which USD427 million was exports and USD541 million was imports. The country’s major exports include paper and paper […]
Read MoreMANILA, Philippines — Most economists expect the Bangko Sentral ng Pilipinas (BSP) to deliver another 50-basis-point rate hike on Thursday, as monetary authorities remain committed to steer inflation back to the government’s two to four percent target range. Security Bank chief economist Robert Dan Roces said the Monetary Board is likely to raise interest rates […]
Read MoreMALAYSIA’S economic growth will accelerate this quarter after expanding at the fastest pace in a year, driven by private consumption as activities resume, Finance Minister Zafrul Aziz said. “People are underestimating the strength of the pent-up demand,” he said in an interview on Saturday (Aug 13). “Restaurants are packed, traffic jams have returned, the unemployment […]
Read MoreINDONESIA’S windfall export earnings thanks to high commodity prices may start dwindling, its statistics bureau warned on Monday (Aug 15), despite the country booking a larger-than-expected surplus in July. The resource-rich nation booked a US$4.2 billion surplus last month as it enjoyed the impact of high commodity prices globally, although prices of some of its […]
Read MoreThe early lifting of Covid-19 restrictions boosted domestic activity while strong external demand supported Cambodia’s recovery in the first half of 2022, according to the preliminary assessment made by the ASEAN+3 Macroeconomic Research Office (AMRO). AMRO prepared the assessment after its annual consultation visit to the Kingdom from July 20 to August 3, 2022. AMRO […]
Read MoreBANGKOK (BLOOMBERG) – The Thai economy grew at a slower pace than economists estimated in the last quarter as the fastest inflation in 14 years probably weighed on sentiment and offset gains from the return of foreign tourists. Gross domestic product rose 2.5 per cent in the April to June period from a year ago, […]
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Thailand
