MANILA, Philippines — The net inflow of foreign direct investments (FDIs) declined for the fourth straight month, tumbling by 7.9 percent to a two-month low of $626 million in September from $680 million a year ago amid external headwinds arising from tighter global financial conditions to fight soaring inflation. Michael Ricafort, chief economist at Rizal […]
Read MoreThai consumers have cut back their spending this year amid rising inflation, but more than half plan to make digital purchases during the sales season, while online shopping across Southeast Asia declined from last year, a recent study revealed. The “Inflation & Shopping in the Digital Age” survey, conducted in November, found inflation affected the spending […]
Read MoreCambodia exported $20,457 million worth of goods in the January-November period of this year, an increase of almost 18.1 percent compared to the same period in 2021, according to a report from the General Department of Customs and Excise report yesterday. The US remains the biggest market for Cambodia-made products, with an export of $8,217 […]
Read MoreMANILA, Philippines — The Philippines’ trade gap narrowed in October after a surprise exports growth tempered surging imports. Trade deficit, which occurs when the country’s imports bill outgrows export sales, expanded 13.5% year-on-year to $3.31 billion in October. This, however, was smaller by 31.73% compared to the previous month’s gap, data released by the Philippine […]
Read MoreSINGAPORE’S international visitor arrivals slipped in November to 816,254, slightly down from October’s 816,758 and breaking a nine-month growth streak, going by latest figures from Singapore Tourism Board (STB) on Tuesday (Dec 13). November’s tourist arrival numbers remain below the 1.5 million visitors recorded in November 2019, before the pandemic. Indonesia was, for the eighth […]
Read MoreThe Minister of Labor and Social Welfare provided information on the labor market in the recent National Assembly session on Friday, revealing that 2.4 million, or 97.6% of all eligible people, are now employed. Ms. Baykham Khattiya, Minister of Labor and Social Welfare, said that the results of the labor force survey conducted in 2022, revealed that […]
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