The World Bank has raised its growth forecast for Cambodia to 4.8 percent this year, up from its April projection of 4.5 percent, despite worsening global demand and rising commodity prices. Traditional export-oriented growth drivers, especially the garment, footwear, travel goods, and bicycle manufacturing industries as well as agriculture, continued to underpin Cambodia’s economic recovery, […]
Read MoreLaos reported a trade deficit of USD 166 million in August as it imported substantially more goods than it exported from the country. There has been an increase in the trade deficit by USD 52 since July. According to the latest information from the Lao Trade Portal website, the overall value of Laos trade was USD […]
Read MoreTHE total population of Singapore grew by 3.4 per cent over the past year to reach 5.64 million in June, with the easing of pandemic safety measures and travel curbs, the government’s annual Population in Brief report revealed on Tuesday (Sep 27). The growth reversed two consecutive years of population decline, but the figure remained slightly […]
Read MoreDuring the fourth quarter of every year most of the export companies in Vietnam find the need to step up pace in order to meet the increased demand in orders from major import markets such as the US and the European Union. However, in the last months of this year, many export companies are finding […]
Read MoreOutbound Thai travel is expected to stay subdued as a result of the weak baht, poor purchasing power and cryptocurrency losses, despite the reopening of Japan and Taiwan. Charoen Wangananont, president of the Thai Travel Agents Association (TTAA), said enquiries into holidays to Japan soared after last week’s announcement that the country would reopen without visa […]
Read MoreKUALA LUMPUR, Sept 27 — The World Bank has revised upward its gross domestic product (GDP) growth forecast for Malaysia to 6.4 per cent in 2022 against 5.5 per cent projected earlier on the back of heightened economic activity in the first half of the year (1H22). Apurva Sanghi, the bank’s lead economist for Malaysia, […]
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