KUALA LUMPUR: Malaysian exports rose 15% year-on-year (y-o-y) to RM131.6bil in October 2022, with Penang registering the highest exports at RM7.1bil. Malaysia’s total trade in October jumped 21% to RM245.2bil. The Statistics Department said according to the export-import statistics by state for October, higher exports were also recorded in most states such as Johor (RM4.8bil), […]
Read MoreThe business-to-business-to-customer (B2B2C) e-commerce platform has gained support from local small and medium enterprises and consumers ever since it was launched in April this year. Penn Sovicheat, Under-secretary of state and spokesman at the Ministry of Commerce, said on Monday transactions at the e-commerce platform via CambodiaTrade.com have remarkably increased. “The trading activities of CambodiaTrade […]
Read MoreJAKARTA: Indonesia’s public works ministry on Monday proposed around 12.7 trillion rupiah ($807.68 million) in extra funds over the next two years to speed up construction of the country’s new capital city on Borneo island. If approved by the finance ministry, the public works ministry will see a 30% rise to around 55.7 trillion rupiah in […]
Read MoreThe global chip race is heating up, and Viet Nam should be able to raise its position on the global semiconductor manufacturing map as some leading corporations are investing in chip production in the country, local economists said. Prof. Nguyen Mai, President of the Vietnam Association of Foreign Invested Enterprises (VAFIE), said the adverse impact […]
Read MoreMANILA, Philippines — The Philippines’ budget deficit is expected to remain wide as the Marcos administration prepares to execute a plan to bring the gap to pre-pandemic levels, according to Singapore-based DBS Bank Ltd. In a report, DBS economist Chua Han Teng said the Philippines aims to reduce the budget shortfall by one percentage point […]
Read MoreThe poverty rate in Cambodia, which had declined by almost half between 2009 and 2019, increased again with the Covid-19 outbreak, says a World Bank report released yesterday. Cambodia’s poverty declined from 33.8 percent to 17.8 percent in 10 years to 2019 with almost 2 million Cambodians coming out of poverty, says the World Bank’s […]
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Thailand
