MANILA, Philippines — The Marcos Jr. administration projected on Tuesday that the Philippines’ economic growth will be tempered next year, especially since they expect the country will be at the mercy of global headwinds that stoked inflation. This is what the public should expect, according to Socioeconomic Planning Secretary Arsenio Balisacan, since global headwinds led […]
Read MoreThe unemployment rate in Cambodia is expected to reach 2 percent by the end of 2022, according to Trading Economics global macro models and analysts’ expectations. In 2023, Cambodia’s unemployment rate is projected to trend around 2 percent and 0.90 percent in 2024, according to the projections of the econometric models. In the third quarter […]
Read MoreThe strong foreign direct investment (FDI) inflow from the Republic of Korea (RoK) has been giving a significant push to Viet Nam in the battle to move up the global value chain ladder and promote sustainable development. RoK has been by far the most important source of FDI to Viet Nam and contributed greatly to […]
Read MoreBANK Indonesia (BI) will deliver a second successive half-point interest rate hike on Thursday (Oct 20) in an attempt to catch up with its peers and curb inflation stemming partly from a weaker rupiah, a Reuters poll found. Relatively lower inflation allowed the central bank to hold off with raising rates until August. But in […]
Read MoreDEMAND for luxury condominiums in Singapore continues to hold up, even as sales of top-end Good Class Bungalows (GCB) soften, said Huttons Asia in its latest report on the luxury market released on Tuesday (Oct 18). According to the report, 110 non-landed new homes with a price tag of S$5 million and above were sold […]
Read MoreLaos-China Railway plans to improve the transportation of goods by railway across the border and create opportunities for companies to export their products. Mr. Asan, a Chinese translator for the project management department of China Railway Construction Group (CRCG) revealed that the railway company is exploring a new model of international railway transportation expanding the Laos-China railway […]
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Thailand
