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Vietnam becomes world’s sixth largest fibre, yarn exporter

Vietnam has surpassed the Republic of Korea to become the world’s sixth largest fibre and yarn exporter after shipping abroad 2.37 billion USD worth of these items in the first five months of 2022. The revenue increased 10% from a year earlier, according to the Vietnam Cotton and Spinning Association (VCOSA). Meanwhile, textiles and  garments, fibre, […]

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Laos: Price Increases Put Strain on Low-Income Workers

Low-income workers in Laos are struggling as goods and commodity prices reach their peak of the year. Vientiane Times reports that the price of goods produced domestically has increased by 15.9 percent over the past year. The year-on-year inflation rate hit 23.6 percent, the highest figure ever recorded since May 2000. Authorities say the rising prices of […]

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Brunei CB expects low inflation rate

BANDAR SERI BEGAWAN: Brunei Darussalam Central Bank (BDCB) expects the country’s inflation to remain low despite the global price hike caused by geopolitical tension. According to the BDCB’s semi-annual policy statement released on Saturday on its website, the BDCB noted that the International Monetary Fund had revised its 2022 global growth forecast from 4.4 to 3.6 […]

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Cambodia attracts $3 billion investment in first half

Cambodia attracted a fixed-asset investment of almost $3 billion in the first half of this year, reflecting the firm confidence of investors in the Kingdom’s growth prospects. The Council for the Development of Cambodia registered 98 projects with a total investment of $2.99 billion in January-June period of this year, inching up $29 million from […]

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