MALAYSIA’S economy grew at its fastest pace in a year last quarter, thanks to a strong rebound in private consumption and buoyant exports, but a global economic slowdown poses a significant risk to the outlook, a Reuters poll found. The Aug 3-9 poll of 18 economists predicted South-east Asia’s third-largest economy expanded 6.7 per cent […]
Read MoreEnterprises in the fisheries sector are facing an export slowdown after strong shipments in the first months of 2022, which may subsequently affect their growth in the time ahead. After surges of 39 – 62% in the first four months, fishery exports have shown signs of growth slowdown, according to the Vietnam Association of Seafood […]
Read MoreThe Employers’ Confederation of Thai Trade and Industry (EconThai) is urging the government to base the daily minimum wage calculation on inflation, not politically-motivated factors, as the Labour Ministry plans to enforce the new wage hike in October, which is sooner than originally anticipated. Tanit Sorat, vice-chairman of EconThai, said on Tuesday a 5-8% increase should be […]
Read MoreMANILA, Philippines — The share of national debt to the country’s output declined to 62.1 percent in the second quarter, but the downward trend may not be sustained if the government does not ramp up its revenue generation. Data from the Bureau of the Treasury showed the country’s debt level, when measured against the gross […]
Read MoreKUALA LUMPUR: The Building Materials Cost Index (BCI), without steel bars and with steel bars, for all building categories in Malaysia, increased between 0.3 and 24.4 per cent in July 2022 compared to a year ago, said the Department of Statistics Malaysia (DOSM). The department said that for the same period, the increase in BCI […]
Read MoreCovid-19 and the ban on online gambling have left several businesses in Cambodia’s coastal city Sihanoukville sulking with over 1,500 multi-million building projects reportedly abandoned midway by investors. The city had a thriving gambling business from 2015 to 2019, but the government suddenly clamped a ban on it in August 2019, forcing many of the […]
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Thailand
