The Cambodian economy, which is projected to register a growth of 5 percent this year, is set to grow by 5.5 percent in 2023, according to the 2022 Annual Consultation Report on Cambodia published by the ASEAN+3 Macroeconomic Research Office (AMRO) yesterday. The report is based on AMRO’s Annual Consultation Visit to Cambodia from July […]
Read MoreVietnam’s economy is expected to have positive prospects in 2023 after witnessing stability in late 2022 with bright macroeconomic indicators amid the world’s difficulties. The Vietnamese financial market has witnessed positive changes in the last couple of weeks with exchange rate problems settled almost completely and inflation kept at a low rate. The corporate bond […]
Read MoreThailand’s consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday. That would be a record 20% jump from about 86 […]
Read MoreSINGAPORE: The republic is unlikely to experience a surge in energy prices despite greater demand for heating and electricity amid an unusually cold winter in the Northern Hemisphere, industry analysts say. This comes as a rare triple-dip La Nina is forecast to induce below-freezing temperatures in China, Japan and South Korea over the next few […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to roll back some of this year’s rate increases late next year as the country is expected to post slower economic growth and inflation in 2023, according to United Kingdom-based think tank Pantheon Macroeconomics. In a report yesterday, Pantheon Macroeconomics chief emerging Asia economist […]
Read MoreCambodia and Alibaba have come together to establish the Electronic World Trade Platform (eWTP) partnership, strengthening economic development and digital economy in the Kingdom, as China’s largest e-retailer makes further inroads in Southeast Asia. The announcement of the partnership was virtually made on December 15 by Pan Sorasak, Minister of Commerce and Alibaba Group’s secretary […]
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