The cabinet yesterday approved a request by the Interior Ministry to withdraw a controversial bill on land ownership by foreigners, said official spokesman Anucha Burapachaisri. Due to a chorus of disapproval, the draft was withdrawn to facilitate a comprehensive study and gather public input to ensure the planned amendment would increase competitiveness and provide long-term economic […]
Read MoreSINGAPORE – The effects of the Monetary Authority of Singapore’s (MAS) efforts to strengthen the Singapore dollar are still working their way through the economy, and more time is needed before prices here ease discernibly, Minister of State for Trade and Industry Alvin Tan said on Wednesday. He was responding in Parliament to Mr Yip […]
Read MoreThe Indonesian economy grew at the fastest clip in more than a year for the third quarter, but this “might be as good as it gets” for the Southeast Asian nation as global headwinds await, economists said. On Monday, Indonesia posted year-on-year GDP growth of 5.72% for the July to September quarter, higher than last […]
Read MoreMANILA, Philippines — Economic growth in the second quarter was revised higher by the Philippine Statistics Authority as construction and real estate activities proved stronger than initially reported. State statisticians said in a statement on Wednesday that the gross domestic product in the April-June period now stood at 7.5%, slightly higher than the previous 7.4%. […]
Read MoreBased on the responses of 3,000 job seekers and 400 businesses in June, the report “Labor market in 2022 – facts and direction” by Vietnamworks pointed out that 40% of workers do not have a stable job. According to the report, in the first six months of the year, 60% of job seekers had stable […]
Read MoreKUALA LUMPUR: AmBank Group anticipates the third quarter (Q3) 2022 Gross Domestic Product (GDP) numbers to be at 12.2 per cent, better than the Q2 2022 growth of 8.9 per cent. In its research note, the group said it is maintaining its full-year GDP forecast at 7.5 per cent (base-case), with an upside of 8.5 […]
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Thailand
