Thai exports are expected to grow by 2-5% next year, easing from an expected 8% increase in 2022, according to a trade group. Chaichan Chareonsuk, president of the Thai National Shippers’ Council, attributed next year’s slow growth to the anticipated economic decline of key trading partners such as China, the US, and the EU. The forecast […]
Read MoreContinued expansions in output and employment alongside muted price and supply pressures may help the sector remain in growth territory as the end of the year approaches. Business conditions in the Vietnamese manufacturing sector continued to improve with the S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) in October staying above the 50-mark at 50.6. […]
Read MoreMANILA, Philippines — A new poll showed that 11.3% of Filipino families or an estimated 2.9 million experienced “involuntary hunger” moving into the third quarter of 2022. The survey, the first of its kind conducted under the administration of President Ferdinand Marcos Jr., showed that people who reported that their family experienced hunger and did […]
Read MoreMANILA, Philippines — Rising interest rates and higher construction costs are among the headwinds in the country’s residential property market due to their potential impact on mortgage rates, according to a professional services and investment management firm. “Colliers believes that developers need to be cautious with rising interest and mortgage rates, and the potential impact […]
Read MoreThe Kingdom’s banking and financial system has maintained sound growth momentum despite Covid-19-related setbacks over the past couple of years, according to a senior official at the central bank on October 31. Rath Sovannarak, director-general of the National Bank of Cambodia’s (NBC) Banking Supervision Department, was speaking at an outdoor event on the occasion of […]
Read MoreSmall and medium enterprises form the backbone of Southeast Asia’s growing economy. Accounting for more than 90% of the private businesses in the region, this sector is responsible for generating employment, exports and GDP growth. Hit badly by pandemic-induced lockdowns, SMEs are embracing e-commerce and digitisation to recover from the prolonged bout with physical restrictions and unstable […]
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Thailand
