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Thailand: Cabinet okays latest national logistics plan

The cabinet on Tuesday approved the new national logistics development plan (2023-27), aiming to reduce logistics costs to 5% of the country’s GDP from 13.8% in 2021. According to government deputy spokesperson Rachada Dhnadirek, the plan also aims for Thailand to become the trading gateway to the region. The plan focuses on five areas, including […]

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Malaysia: Weaker 4Q GDP growth likely on slower IPI

PETALING JAYA: The slowing industrial production growth in Malaysia is an indication that the country’s economic growth for the fourth quarter (4Q) of 2022 may come in significantly slower than the preceding quarter. Economists pointed to weaker global demand as the main factor leading to their anticipation of a further moderation in the country’s industrial […]

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16 Cambodia socio-economic development projects approved

Sixteen socio-economic development projects for Cambodia were approved at the 25th GMS Ministerial Conference (MC-25) held in Luang Prabang, Lao PDR, last week. A total of 12 projects cover the transportation sector, followed by one each in agriculture, environment, health and information technology. Sok Chenda Sophea, Delegate Minister Attached to the Prime Minister, Minister of […]

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