SINGAPORE is pushing for “open, inclusive” tech supply chains to counteract accelerating economic bifurcation after the US moved to restrict China’s access to cutting-edge semiconductors. Speaking at an event on Wednesday (Nov 9), Minister of Foreign Affairs Vivian Balakrishnan said such divisions would be inflation, supply chain disruptions, slower technological progress and “further disrupt global systems.” […]
Read MoreThe new Phnom Penh international airport, which is being constructed by the China Construction Third Engineering Bureau Group Co., Ltd, is expected to play a key role in boosting Cambodia’s economic growth and tourism after being completed. The project, which is the fruit of close cooperation between Cambodia and China under the framework of the […]
Read MoreAfter selecting Laos as one of the 25 most breathtaking places one should visit in 2023, the popular magazine has curated a new list that features the country once again. Slow travel is a more mindful way of traveling that enables one to immerse themselves in the culture of a place, its food, its music, and its […]
Read MorePETALING JAYA: Despite slower expansion of the industrial production index (IPI) for September this year, the gross domestic product (GDP) growth for the third quarter (3Q22) is expected to be stronger than 2Q22 but set to slow down in 4Q22. The domestic economy in 2Q22 expanded by 8.9% year-on-year (y-o-y) from 5% y-o-y in 1Q22. […]
Read MoreBecause of reduced liquidity and lack of cash, many real estate firms have cut wages and the number of personnel. The real estate market has been quiet since the beginning of the year. The situation became even more serious in recent months as the State Bank of Vietnam (SBV) tightened control over lending to the […]
Read MoreThe Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year, says the Federation of Thai Industries (FTI). The group advised the government to continue supporting the economy, although the Thailand Industry Sentiment Index increased in […]
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