The national shippers’ group looks set to raise its export growth forecast next month after the country registered a robust export growth of 12.7% in the first half, boosted by rising global food demand, higher prices and the baht’s weakness. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, said the council sees exports showing […]
Read MoreDespite difficulties, the government has been striving for a GDP growth rate of 7 percent, an inflation rate of below 4 percent and a credit growth rate of 14 percent this year. VietNamNet presents a speech of Deputy Minister of Planning and Investment Tran Quoc Phuong at a discussion on solutions to stabilize the macro […]
Read MoreIn the second half of 2022, inflation rate is forecasted to decline to 3.2 percent after rising to 6.5 percent in the first half of this year. The first half report and second half work direction of this year released by the National Bank stated that during the first half of this year, average inflation […]
Read MoreSINGAPORE manufacturing sentiment started the second half of the year on a gloomy note, as the sector continues to be weighed down by global supply chain disruptions and high inflation, according to the latest figures from the Singapore Institute of Purchasing and Materials Management (SIPMM) on Tuesday (Aug 2). Singapore’s Purchasing Managers’ Index (PMI) fell […]
Read MoreMANILA, Philippines — The Philippines is expected to have a more challenging time in hitting its ambitious poverty reduction target as the soaring cost of commodities has resulted in a global food crisis that puts developing economies at a greater risk. In its latest food security update, the Washington-based World Bank said the still elevated […]
Read MoreBENGALURU: Indonesia’s economy likely accelerated last quarter, buoyed by strong exports and private consumption, but a slowdown in China and the threat of a global recession pose significant risks in coming months, a Reuters poll found. With rising global commodity prices, the resource-rich country has been enjoying an export boom. Its trade surplus in 2022’s […]
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Thailand
