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Philippines: NEDA still optimistic on growth target

MANILA, Philippines — The country’s economic growth may exceed the target set by the government for this year, given its latest performance and expectations of strong growth in the last quarter of the year, the National Economic and Development Authority (NEDA) said. In a briefing yesterday, NEDA Secretary Arsenio Balisacan said the country’s average gross […]

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Vietnam named among the friendliest countries on Earth

Prestigious international travel magazine Far & Wide has placed Vietnam in fifth position on its list of the 10 friendliest nation in the world. According to details given by magazine, the country has largely recovered from historical periods of war, with a friendly atmosphere welcoming foreign visitors among local people now common nationwide. Indeed, expats […]

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China-Laos Railway embraces prosperous development

“The prices of durian in Kunming this year have been lowered, indeed,” said Deng Xiaotian from a trade company in Kunming, southwest China’s Yunnan province, after unloading the last box of Monthong durians and stocktaking. Many citizens in Kunming have found the drop in durian prices in summer this year, and the lowest price was […]

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Malaysia’s exports grew over 15% in November

KUALA LUMPUR: Malaysia’s exports rose by 15.6 percent year on year to 130.24 billion ringgit ($29.46 billion) in November, official data showed on Monday. The growth was underpinned by outbound shipments of electrical and electronic (E&E) products, liquefied natural gas (LNG) and petroleum products, the Southeast Asian nation’s Ministry of International Trade and Industry (MITI) said […]

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‘Cambodia economic recovery projected to continue’

Despite several international developments hurting the progress, Cambodia’s economic recovery is projected to continue in the next year as well, according to the International Monetary Fund (IMF). “Despite the new pressures, the recovery is projected to continue. Real GDP growth is forecast to be 5 percent in 2022, after the strong export performance earlier in […]

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