GDP (gross domestic product) growth has slowed down. The risk of falling to the middle-income trap and economically lagging behind exist. These are the challenges for Vietnam on the road to becoming a developed country by 2045. The Ministry of Planning and Investment (MPI) has projected two scenarios for Vietnam by 2050 in the draft […]
Read MoreBANGKOK: Thailand’s economy is expected to grow by 3% to 3.5% this year and 3% to 4% next year, helped by increased exports and a pickup in the vital tourism sector after reopening the country to visitors, the finance minister says. The country expects eight million to 10 million foreign tourist arrivals this year, having […]
Read MoreMANILA, Philippines — Filipinos will have no choice but to spend more as prices, particularly of food items, continue to rise due to the continued depreciation of the peso against the dollar. Last week, the peso depreciated to a new record low of 57.43 to $1. A weaker peso means it will be more expensive […]
Read MoreBank of Laos and the People’s Bank of China have signed a memorandum of understanding regarding future payments in Yuan. Bank of Laos has issued a statement that the Governor of the Bank of Laos, Mr. Bounleua Sinxayvoravong, and the Governor of the People’s Bank of China, Mr. Yi Kang have signed an MOU to […]
Read MorePrime Minister Hun Sen on Saturday released an absolute order for governors of cities, provinces, districts, police, military police and officials at Cambodia’s grassroots levels to crack down on all kinds of illegal gambling businesses nationwide, else he will remove them from their posts as they have appeared to be passive in taking actions on […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) predicted that the inflation in September 2022 will reach 1.09 percent. The prediction was based on the Price Monitoring Survey conducted in the third week of September 2022. The predicted figure was increased from the results of the Price Monitoring Survey on the second week of September 2022, which was 0.77 percent. […]
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Thailand
