MANILA, Philippines — The Philippine economy likely survived the Omicron threat in January with a decent first quarter growth and further recovery on the way, an international think tank said. In its weekly brief, Capital Economics said first quarter gross domestic product (GDP) for the Philippines likely grew by 6.7 percent year-on-year and inched up […]
Read MoreThe year-on-year inflation rate in Laos surged to 9.9 percent in April, the highest figure recorded since January 2016, according to the latest report from the Lao Statistics Bureau. The consumer price index jumped at its fastest pace in recent months, further putting the squeeze on consumers with more to be paid for food, fuel […]
Read MoreConsumer credit performance showed strong improvement as the number of loan accounts and loan balance recorded positive growth across the regions. Consumer credit applications increased in the first quarter of this year, compared to the same period last year, according to the data from the Credit Bureau of Cambodia (CBC). CBC said that the total […]
Read MoreFinance Minister Arkhom Termpittayapaisith is confident the government will meet its revenue target of 2.4 trillion baht in fiscal 2022. Mr Arkhom said he instructed the three main tax collection departments to utilise digital technology to boost revenue gathering and make payments easier. He said people should not be concerned about the government meeting its […]
Read MoreJAKARTA : An historic rise in commodity prices and relaxation of COVID-19 curbs helped Indonesia’s economy grow for a fourth straight quarter between January and March, official data showed on Monday. Southeast Asia’s largest economy grew 5.01 per cent in January-March from the same period last year, compared with 5.02 per cent growth in October-December. […]
Read MoreVietnamese textile and garment businesses are making a green push with research and development of eco-friendly materials and technologies to adapt to global sustainable fashion trends. The HCM City-based Thanh Cong Textile Garment-Investment-Trading Joint Stock Company (TCM) now uses recycled polyester, vicose annd recycled cotton that are made from recycled bottles, maize, sugarcane and old […]
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