Cambodia’s economy is expected to steadily recover in 2022 mainly due to the continued expansion of garment and non-garment manufacturing, the ASEAN+3 Macroeconomic Research Office (AMRO) said in its quarterly update yesterday. It said high vaccination rates facilitated the resumption of businesses, especially in the services sector. “Strong performance in the agriculture and manufacturing sectors […]
Read MoreLondon residential property remained attractive to Thai billionaires who eye an investment, with sales of 400 million baht expected over the next six weeks, according to property consultant Knight Frank Thailand. Frank Khan, the consultancy’s executive director, head of residential, said Thai billionaires were interested in London property purchases due to the weak pound and […]
Read MoreDESPITE the ongoing Russia–Ukraine conflict and tighter global financial situation, the Asean+3 Macroeconomic Research Office (AMRO) has hiked its 2022 growth forecast for the Philippine economy. However, it has slashed its growth projection for the Association of Southeast Asian Nations Plus Three (Asean+3). AMRO now sees a 6.9-percent expansion for the Philippine economy — as measured by gross domestic […]
Read MoreVietnam needs to develop regulations about digital and virtual assets as Industry 4.0 is driving the emergence of new assets and the lack of rules exists is one of the most significant legal problems in asset ownership rights. Currently, digital and virtual assets have not been recognised as property in Vietnam. Experts said that the […]
Read MoreTHE Monetary Authority of Singapore (MAS) is considering tighter measures on cryptocurrency trading platforms, said Tharman Shanmugaratnam, minister in charge of the regulator, in a written answer to a parliamentary question. The authority has already restricted marketing and advertising of cryptocurrency services by cryptocurrency platforms in public areas since January; the tightened curbs have included […]
Read MoreMANILA, Philippines — The ASEAN+3 Macroeconomic Research Office (AMRO) now expects the Philippines to post the highest growth in ASEAN+3, citing the continued opening of the country’s economy and the government’s continued push for infrastructure development. In a briefing yesterday, AMRO chief economist Hoe Ee Khor said the Philippines is expected to post a 6.9 […]
Read More
Thailand
