Laos recorded a trade surplus of USD 1.39 billion in 2022, boosted by the country’s electricity exports, according to the Ministry of Industry and Commerce. The country’s total trade surplus amounted to approximately USD 15 billion, with exports worth USD 8.198 billion and imports worth USD 6.808 billion. Laos’ main exports in 2022 included electricity, gold, gold […]
Read MoreCEBU, Philippines : It’s too early for Indonesia’s central bank to consider cutting interest rates, a member of the bank’s board of governors said on Monday, even as the country’s inflation eases but concerns over slowing growth mount as exports slow. Bank Indonesia (BI) has kept policy rates unchanged since its last rate hike in […]
Read MoreThe Ministry of Economy and Commerce under the Military Council issued an announcement saying that it will allow the export of diamond jewelry to foreign countries. Previously the ministry banned the export of both polished diamonds and diamond jewelry but now they are allowing the export of diamond jewelry. In this new announcement, the ministry […]
Read MorePETALING JAYA: The labour market is expected to strengthen further in 2023 underpinned by continuous upbeat momentum in the domestic economy and modest expansion in the external sector, says MIDF Research. According to the research house, the country’s unemployment rate is expected to decline further to 3.5% but slightly higher than the pre-pandemic level of […]
Read MoreCambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to $ 2.89 billion in the first four months of 2023, up 16 percent from $ 2.49 over the same period last year, the Ministry of Commerce’s latest report showed on Sunday. During the January-April period this year, Cambodia’s top three export […]
Read MoreBrunei’s economy is projected to be 2.5 per cent this year and 2.8 per cent next year, according to the Asian Development Outlook (ADO) April 2023 released recently while inflation stood at two per cent and 1.6 per cent this year and 2024 respectively. The International Monetary Fund (IMF) in its recent annual World Economic […]
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Thailand
