Foreign investment in Thilawa Special Economic Zone (SEZ) has fallen drastically, negatively impacting land or ground rent income by over 6 billion kyat, said the Thilawa SEZ Management Committee said. About 113 factories from 20 countries invested in Thilawa SEZ and 93 factories and manufacturing units were still running until June 2022 but the number […]
Read MoreKUALA LUMPUR (Jan 9): Malaysia’s economy is set to go through a “slow and normalisation” growth of 4.1% this year, down from an estimated 8.5% last year, reflecting largely the normalisation of technical high-base effects and a weakening external environment, according to Socio-Economic Research Centre (SERC). The research house’s executive director Lee Heng Guie said […]
Read MorePositive signs of growth for cross-border e-commerce could enhance Vietnamese brand value. Frozen and fresh passion fruit and durian are two of many Vietnamese farm produce selling well on Alibaba.com. A report showed that farm produce, food and drinks are among the top 10 best sellers on the e-commerce platform. According to Roger Lou, Vietnam […]
Read MoreInflation in Laos skyrocketed to 39.27% in December 2022, the highest rate of the year, according to the Lao Statistics Bureau (LSB). In December 2022, Laos set a new record for the highest inflation rate of the year, up from November’s figure of 38.46 percent. Food and non-alcoholic beverage prices rose by 45.3 percent in the last month, […]
Read MoreSINGAPORE’S unemployment rates dipped slightly in November and held steady at around pre-pandemic levels, according to the latest figures from the Ministry of Manpower (MOM) on Monday (Jan 9). The overall unemployment rate nudged down slightly to 1.9 per cent, from 2 per cent the month before. Resident unemployment was the same as the previous […]
Read MoreWhen the Department of Disease Control announced on New Year’s Eve that Thailand would no longer impose Covid-19 screening measures on Chinese visitors, the move quickly stirred a heated public debate. Thailand and China have built close diplomatic relations over a half-century, while significant spending of 531 billion baht from more than 10 million Chinese visitors in […]
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