Cambodia exported $1.325 billion worth of “footwear, gaiters and the like; parts of such articles” in the first nine months of 2022, up 32.69 per cent year-on-year from $998.238 million, Customs data show. However, industry insiders have reported a material slowdown in new orders in the third quarter, and other signs of possible weakness in […]
Read MoreThai exports are expected to grow by 2-5% next year, easing from an expected 8% increase in 2022, according to a trade group. Chaichan Chareonsuk, president of the Thai National Shippers’ Council, attributed next year’s slow growth to the anticipated economic decline of key trading partners such as China, the US, and the EU. The forecast […]
Read MoreContinued expansions in output and employment alongside muted price and supply pressures may help the sector remain in growth territory as the end of the year approaches. Business conditions in the Vietnamese manufacturing sector continued to improve with the S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) in October staying above the 50-mark at 50.6. […]
Read MoreMANILA, Philippines — A new poll showed that 11.3% of Filipino families or an estimated 2.9 million experienced “involuntary hunger” moving into the third quarter of 2022. The survey, the first of its kind conducted under the administration of President Ferdinand Marcos Jr., showed that people who reported that their family experienced hunger and did […]
Read MoreMANILA, Philippines — Rising interest rates and higher construction costs are among the headwinds in the country’s residential property market due to their potential impact on mortgage rates, according to a professional services and investment management firm. “Colliers believes that developers need to be cautious with rising interest and mortgage rates, and the potential impact […]
Read MoreThe Kingdom’s banking and financial system has maintained sound growth momentum despite Covid-19-related setbacks over the past couple of years, according to a senior official at the central bank on October 31. Rath Sovannarak, director-general of the National Bank of Cambodia’s (NBC) Banking Supervision Department, was speaking at an outdoor event on the occasion of […]
Read More
Thailand
