PETALING JAYA: The return of Chinese tourists to Malaysia is set to benefit the retail and hospitality segments. Hence, both the retail real estate investment trusts (REITs) and hotel REITs such as Sunway-REIT, KLCCP Stapled Group and Pavilion-REIT are likely to benefit from the influx of tourist arrivals into the country. Foreigners typically make up […]
Read MoreThe Ministry of Industry and Trade (MoIT) called for the fuel price cycle to be shortened from 10 days to 7 days, on Thursday every week (except for public holidays). The Ministry of Industry and Trade (MoIT) has called for the government to loosen control on fuel prices, leaving suppliers and retailers to set the […]
Read MoreMANILA, Philippines — The Philippines’ trade gap narrowed in November 2022 from the previous year as exports posted growth while imports declined, according to the Philippine Statistics Authority (PSA). Preliminary data released by the PSA yesterday showed the balance of trade in goods or the difference between the country’s exports and imports registered a $3.68 […]
Read MoreThe value of imports and exports passing through the China-Cambodia jointly invested Sihanoukville Special Economic Zone (SSEZ) reached $2.49 billion in 2022, a year-on-year increase of 12 percent, SSEZ General Manager Cao Jianjiang told Xinhua on Tuesday. Cao said the 11-square-km industrial zone has accommodated 175 companies from China, the United States, Europe, Southeast Asia […]
Read MoreThai exports are forecast to grow by 6-6.5% in 2022, missing the target estimate of 7-8%, as global demand slowed in the final quarter, says the national shipping trade group. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said yesterday that the value of Thai shipments in the fourth quarter of 2022 was expected […]
Read MorePUTRAJAYA: The number of unemployed persons declined to 600.9 thousand persons, recording an unemployment rate of 3.6%, according to the Statistics Department (DOSM). “In November 2022, the labour market further strengthened in line with the development of current economic activities. Thus, the labour force situation continued to expand during the month, with a continuous increase […]
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Thailand
