BENGALURU : Indonesia’s annual economic growth likely remained steady in the first quarter as commodities exports partly offset weak consumer spending due to mobility curbs imposed to stop the spread of the Omicron coronavirus variant, a Reuters poll found. Southeast Asia’s largest economy expanded 5.00 per cent in January-March, compared to the same period a […]
Read MoreThe Government of Laos has outlined currency depreciation and high fuel costs as the two most urgent issues it will tackle this month. Government Spokesperson and Minister to the Prime Minister’s Office, Madame Thippakone Chanthavongsa, said that the government will work on several issues outlined during a recent monthly cabinet meeting held in April, with […]
Read MoreBrunei Darussalam’s economy is projected to grow 5.8 per cent this year, according to the International Monetary Fund’s (IMF) latest Regional Economic Outlook report. IMF said economic growth in Asia and the Pacific is poised to slow more than previously estimated this year amid headwinds from the conflict in Ukraine, a resurgent pandemic, and tightening […]
Read MoreDeputy Minister of Information and Communications Nguyen Huy Dung said Vietnam has vowed to develop a digital economy and digital society. The Prime Minister has issued a strategy on developing a digital economy and digital society by 2025, with the vision towards 2030. Where is Vietnam in the world’s digital map when releasing the strategy? […]
Read MoreAfter the Thai government allowed the re-opening of the border with Cambodia from May 1, 2022, a number of associations and private companies in the tourism sector in Cambodia, Thailand, as well as Vietnam have cooperated to plan to boost the flow of tourists again. In early May, the Asia-Pacific Tourism Association (PATA) led by […]
Read MoreMANILA, Philippines (Update 1, 11:49 a.m.) — Inflation in April quickened at its fastest in over two years, threatening to derail a nascent recovery as high prices crimp consumer spending. In an online briefing on Thursday, the Philippine Statistics Authority reported inflation accelerated 4.9% year-on-year in April, quicker than the March print of 4%. The latest reading […]
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