SINGAPORE on Wednesday (Nov 23) upgraded its 2022 full-year trade forecasts for the third time this year, even as it projected negative to flat trade growth for 2023. Total merchandise trade is now projected to grow 19.5-20 per cent in 2022, up from an earlier prediction of 15-16 per cent, according to Enterprise Singapore (EnterpriseSG). […]
Read MoreThe Asian Development Bank (ADB) seeks to support eight projects in the Central Highland Region from 2023 to 2026, Country Director of the ADB in Viet Nam Andrew Jeffries made that above statement while attending the conference on implementation of 2022 Resolution 23-NQ/TW Action Plan for Socioeconomic Development in the Central Highland Region to 2030 […]
Read MoreThailand recently announced it will participate in the Internationally Transferred Mitigation Outcomes (ITMO), a legal agreement between any two countries to market greenhouse gas (GHG) mitigation outcomes. Speaking at the 27th Conference of the Parties (COP27) in Sharm el-Sheikh, Egypt, Varawut Silpa-archa, the Natural Resources and Environment Minister who led Thai delegates to join the event, conveyed […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ruled out additional huge interest rate hikes after raising key policy rates by a total of 300 basis points. In an interview with reporters on the sidelines of a forum on digital economy, BSP Governor Felipe Medalla said the US Federal Reserve is set to […]
Read MoreThe nation has a bright economic future, although risks are multiplying, said Ramla Khalidi, resident representative in Vietnam for the UN Development Programme (UNDP), at the Vietnam Economic Pulse 2022 on November 22 in Hanoi. “Evidence of a strong recovery is welcome news after two years of economic disruption caused by the COVID-19 pandemic. Vietnamese […]
Read MoreSINGAPORE’S economy is forecast to grow at between 0.5 per cent and 2.5 per cent in 2023, while the official full-year growth forecast for 2022 has been narrowed to “around 3.5 per cent”, according to a Ministry of Trade and Industry (MTI) release on Wednesday (Nov 23). This follows the Monetary Authority of Singapore’s (MAS) […]
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