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Thailand: Exports seen growing 1% to 2% in 2023, shippers’ council

Thailand’s exports are expected to grow up to 2% this year, the Thai National Shippers’ Council said on Tuesday. Exports were set to grow 6.5% for the full year in 2022 but were expected to show a 7.5% drop in December last year, the council said in a statement. Source: https://www.bangkokpost.com/business/2479249/exports-seen-growing-1-to-2-in-2023-says-thai-national-shippers-council  

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RCEP unlikely to lift Cambodia-Indonesia textile trade

The trade ties between Indonesia, which became the latest member to join the Regional Comprehensive Economic Partnership (RCEP), and Cambodia are expected to go up, but the textile sector in both countries is unlikely to benefit from the agreement, according to some experts. The RCEP Agreement entered into force for Indonesia on 2 January. Indonesia […]

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Brunei RPPI down 1.63 per cent

In the third quarter (Q3) of 2022, Brunei Darussalam’s Residential Property Price Index (RPPI) was at 91.6, a decrease of 1.63 per cent year-on-year compared to Q3 2021, and a decrease of 1.57 per cent quarter-on-quarter compared to Q2 2022. This was revealed by Brunei Darussalam Central Bank’s (BDCB) RPPI report for Q3 2022. The […]

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Singapore: Businesses identify manpower and increased costs as core challenges for 2023

BUSINESSES hope Singapore Budget 2023 will support them in addressing costs (74 per cent), manpower challenges (57 per cent) and assistance in cash flow management (48 per cent), according to the Singapore Business Federation’s (SBF) latest National Business Survey 2022/2023. Other areas of support required include help with the transformation and deepening of enterprise capabilities […]

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Laos Sees 3 Percent Growth in Agriculture Sector in 2022

Laos recorded a 3 percent growth in the agriculture, fisheries, forestry, and rural development sector in 2022, in line with the Ministry of Agriculture and Forestry’s aim of accomplishing a domestic food production target of 70 percent in 2023. According to a recent report, the animal husbandry industry grew by three percent, while the fishing sector […]

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