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 […]
Read MoreMANILA, Philippines — The Philippine economy is seen continuing its growth trajectory next year although at a moderate pace and falling below government expectations amid a slowdown in the global arena. In a briefing yesterday, Sun Life Investment Management and Trust Corp. (SLIMTC) said the economy is bound to face headwinds due to global recessionary […]
Read MoreAccording to https://www.numbeo.com, the monthly living expenses of a Vietnamese person in October 2022 was VND10.8 million and of a four-member family VND38.5 million. Meanwhile, the total family circumstance deductions for taxation calculation of a four-member family (husband, wife and two children) is only VND30.8 million a month. Many expense items, including life insurance premiums, […]
Read MoreThe Federation of Thai Industries has warned that product prices will rise if the government approves a planned electricity price hike from next month. FTI chairman Kriangkrai Thiennukul said on Tuesday that increasing the cost of electricity, currently 4.72 baht per unit, would force businesses to gradually increase prices of their products by 5-12%. It would […]
Read MoreVietnam’s strong economic performance in 2022 has been driven by several factors, including export, domestic demand and private investment, according to Andrea Coppola, the World Bank (WB)’s lead economist. In an interview granted to the press, Coppola explained that the country’s export has been very strong in the past and shown to be resilient, including […]
Read MoreOutbound tourism operators are optimistic about the market as Hong Kong announced a further relaxation of rules for individual travellers from Wednesday. By removing its “0+3” curbs, visitors are no longer required to travel with a tour escort and can dine at restaurants or visit theme parks from the first day, as three-day bans on such […]
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Thailand
