While inflation is projected to fall in 2023, there is no quick fix to the country’s economic troubles. Inflation in Laos continues its alarming upward trend, reaching 40.3 percent year-on-year in January, the government announced this week, the highest figure that the country has reported since 2000. According to a report issued by the Lao Statistics Bureau […]
Read MoreHigh interest rates have been hurting businesses’ ability to invest in ramping up production capacity, said industry insiders and economists. HÀ NỘI High interest rates have been hurting the ability of businesses to recover and invest in ramping up production capacity, said industry insiders and economists. Economists called for the central government to take measures […]
Read MoreKUALA LUMPUR (Feb 9): Malaysia’s 2022 gross domestic product (GDP) is forecast to have expanded by 8.4% year-on-year (y-o-y) by CGS-CIMB Research, and 8.2% by Hong Leong Investment Bank (HLIB) Research, following indications for the manufacturing, mining, services and construction sectors. In anticipation of the official fourth-quarter (4Q2022) GDP data release on Friday (Feb 10), CGS-CIMB estimated […]
Read MoreThe Laotian central bank and the Soramitsu firm signed an MOU to launch the project to expand financial inclusivity and provide sellers with faster settlement. Japanese financial software firm Soramitsu has announced the signing of a memorandum of understanding with the Bank of the Lao People’s Democratic Republic Payment Systems Department on the launch of […]
Read MorePETALING JAYA: The country’s property market is expected to recover to pre-pandemic levels by 2024, provided there are adequate government incentives, reforms and economic stability. “A lot of international players are relooking our market. It will take time for the new government to introduce policies or reforms, but at the rate things are going, we […]
Read MoreMASK-WEARING will no longer be legally mandated in Singapore, even in public transport and healthcare settings, as the city-state lowers its Disease Outbreak Response System Condition (Dorscon) level to green. Remaining Covid-related border measures will also be removed. These changes will kick in on Feb 13, said the multi-ministry taskforce on Covid-19 on Thursday (Feb […]
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Thailand
