The inflationary pressure on Vietnam in 2023 may not be high, said experts at a conference in Hanoi on January 4. The pressure from inflation due to fluctuation of currencies, exchange rates, fuel prices and raw materials was likely to reach its peak in 2022 and is predicted to decrease in 2023, said Dr. Nguyen […]
Read MoreCambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $28.4 billion in the first 11 months of 2022, a year-on-year increase of 7 percent, the Ministry of Commerce’s latest report showed on Tuesday. Cambodian Ministry of Commerce’s Undersecretary of State and Spokesman Penn Sovicheat said “The world’s largest free trade pact would […]
Read MoreLaos has recorded one of the highest rates of economic growth in Southeast Asia over the past two decades, but few jobs have been created. According to the World Bank’s latest economic update, Laos’ GDP growth averaged 7.5 percent a year between 2000 and 2018, with trade growing at an average rate of 17 percent […]
Read MoreKUALA LUMPUR, Jan 5 — Malaysia’s gross domestic product (GDP) is projected to moderate to 3.9 per cent in the first quarter of 2023 (1Q 2023) amid the risk of a global economic slowdown, said Kenanga Research. In a note today, the research firm said a global economic slowdown is likely to drag the country’s […]
Read MoreMANILA, Philippines (Update 1, 11:04 a.m.) — Inflation accelerated to its fastest pace in 14 years in December, with the national government missing its annual target for the second straight year amid a supply-demand imbalance that has stoked painfully high price growth. Inflation, as measured by the consumer price index, quickened to 8.1% year-on-year in December, the […]
Read MoreThe Federation of Thai SMEs is asking the government to draw more foreign tourists to second-tier provinces in a move to help drive local economies and support small and medium-sized enterprises (SMEs). The suggestion comes as Thailand prepares for the return of Chinese tourists after Beijing announced plans to reopen its borders on Jan 8. Authorities […]
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