KUALA LUMPUR: Malaysia’s economic recovery is in a better direction, as the performance of the Leading Index (LI) for April 2022 eased to a better negative of 0.5 per cent from a negative 1.4 per cent in March 2022, said the Department of Statistics Malaysia (DoSM). The LI is a predictive tool used to anticipate […]
Read MoreThailand’s customs-based exports rose a faster than expected 10.5% in May from a year earlier, helped by more shipments of oil and passenger cars, according to customs department data. That compares with a forecast for a rise of 6.7% in May in a Reuters poll. Imports jumped 24.1% year-on-year in May, with a trade deficit […]
Read MoreThe Travel Confidence Index released on June 22 by Booking.com shows that Vietnam has emerged as the second most confident in Asia-Pacific for traveling, with 85% of local travelers stating they intend to travel in the next 12 months. First place in the index went to India with 86%, whilst second position was awarded to […]
Read MoreThe “Lasting Laos” campaign and the SUSTOUR Laos Project are working with local businesses to encourage sustainable tourism and help the Lao economy recover from the financial setbacks of the Covid pandemic. Today’s travelers look for more than just comfort and value: many now seek to improve their carbon footprints by making more sustainable travel, […]
Read MoreTEMPO.CO, Jakarta – The World Bank saw the possibility that Indonesia’s economic growth rate could slow down to 4.6 percent this year, affected by unstable global conditions. For 2023, the World Bank predicts Indonesia’s growth could be stuck at a level of 4.7 percent. “The global economic environment could create a downward pressure in that projection,” the World […]
Read MoreMANILA, Philippines — Moody’s Analytics hiked the gross domestic product (GDP) growth estimate for the Philippines to above seven percent from 6.1 percent for this year after a stronger-than-expected expansion in the first quarter. The research arm of the Moody’s Group said that economies in the region continue to show resilience in the face of […]
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