Local publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP) reported a revenue of over $30.3 million during the January-September period of 2022, a 21 percent year-on-year compared to the same period in 2020. The state-owned enterprise broke these down as “port operation” ($25 million, up 26 percent year-on-year), “port authority” ($3.1 million, up 20 […]
Read MorePRIME Minister Pham Minh Chinh is confident Vietnam’s growth will exceed expectations this year, and retain the title of South-east Asia’s fastest-growing economy through next year, as it emerges from the pandemic. He expects gross domestic product (GDP) to rise 8 per cent in 2022 – faster than the median 7.3 per cent pace estimated […]
Read MoreMoney exchange units that represent commercial banks are now prohibited from selling foreign currency, according to the Bank of the Lao PDR. Became effective on October 11, the ban supports the government’s attempts to give commercial banks a greater role in the purchase and sale of foreign currencies, while limiting the role of money exchange […]
Read MorePETALING JAYA: Malaysia is expected to announce another smashing economic growth rate for the third quarter of 2022 (3Q22) amid very strong economic data and early signs of growth weakness ahead. Initial expectations was for domestic growth to hit a soft patch in the second half of the year, but 3Q22 looks set remain strong […]
Read MoreMANILA, Philippines — The government is keeping its growth target for next year, even as sustained increases in inflation may slow down the economy next year, the National Economic and Development Authority (NEDA) said. Socioeconomic Planning Secretary Arsenio Balisacan told reporters on the sidelines of the 48th Philippine Business Conference and Expo yesterday that the […]
Read MoreSINGAPORE – Nearly 70 per cent of Singaporeans are concerned about higher household expenses, according to a recent study by UOB. This is an increase of 11 percentage points from last year, owing to rising inflation and an uncertain economic climate. About 70 per cent of Singaporeans also think there is a likelihood of the […]
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Thailand
