Vietnam has a large mechanical engineering market worth tens of billions of dollars a year. However, local enterprises still lack orders. Chair of VAMI (Viet Nam Association of Mechanical Industry) Dao Phan Long said many large wind power projects exist on paper. These would create a large market of equipment for wind power plants in […]
Read MoreMANILA, Philippines — Private sector economists further raised their inflation forecasts, with the rate expected to stay above the two to four percent target range of the Bangko Sentral ng Pilipinas (BSP) until next year as price pressures have become broad-based. Dennis Lapid, officer-in-charge of the Department of Economic Research at the BSP, said the […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) contracted by a shock 5.6 per cent year on year in October from a high year-ago base, with both electronic and non-electronic exports falling. This is the first decline since November 2020. October’s fall was significantly larger than the 1.7 per cent decline forecast by economists in a Bloomberg poll, […]
Read MoreBANGKOK: Thailand’s economy grew at its fastest pace in over a year in the third quarter, as a revival in tourism, increased consumption and a pick-up in private investment boosted growth, but the state planning agency flagged global growth risks ahead. Southeast Asia’s second-largest economy expanded 4.5% in the September quarter from a year earlier, […]
Read MoreCambodia through its progressive market-based reforms has reaped high dividends courtesy the FTA with ASEAN countries, but that was just the stepping stone. The recent agreements with Korea, China, Japan and many others to follow will further put the Kingdom on a solid footing. Khmer Times examines how the FTA will boost trade activities in Cambodia not only […]
Read MoreAccording to the e-Conomy SEA report 2022, 83% of investment funds expect the number of investment projects in Vietnam will continue to grow in the 2025-2030 period. Vietnam, Indonesia and the Philippines are among the potential markets for digital economic development. The age of SEA digital economy begins Growing at a double-digit rate in 2019-2022, […]
Read More
Thailand
