KUALA LUMPUR: Fitch Solutions Country Risk and Industry Research (Fitch Solutions) has reiterated its forecast for Malaysia’s real gross domestic product (GDP) growth to slow to 4.0 per cent in 2023 from 8.7 per cent last year. It said that following the lower year-on-year growth of 7.0 per cent in the fourth quarter of 2022 […]
Read MoreSINGAPORE (AFP) – Singapore said yesterday it will stick to its economic growth forecast for 2023 despite the slowdown last year, encouraged by China’s rapid re-opening after years of crushing zero-COVID policies. The city-state’s economic performance is often seen as a useful barometer of the global environment because of its reliance on trade with the […]
Read MoreBoth countries discussed new opportunities and exchanged technical views on financing models for infrastructure development. The discussion centred on the planning and financing the Mass Rapid Transit system for Phnom Penh. Cambodia plans to seek funds from the United Kingdom for the development of the Mass Rapid Transit (MRT) system in the city. The matter […]
Read MoreMANILA, Philippines — The government’s voluntary retirement savings program reported a significant increase in contributions in 2022, speaking volumes on the public’s spending priorities as living expenses turn expensive by the day. In a statement on Tuesday, the Bangko Sentral ng Pilipinas said that personal equity and retirement account (PERA) contributions ballooned 30% year-on-year to P329.6 […]
Read MoreA representative of the Vietnam E-Commerce Association revealed three obstacles in the way of e-commerce platforms that make it impossible to pay tax in sellers’ stead. HÀ NỘI — The Ministry of Finance has called for e-commerce platforms to pay tax on behalf of sellers, but online traders insist the suggestion is impractical. A representative of the Vietnam E-Commerce […]
Read MoreThailand is the most-searched destination among Chinese travellers using Airbnb, according to data collected by the accommodation sharing platform. Within the country, Bangkok, Phuket, Chiang Mai and Pattaya top the list of searches by Chinese outbound travellers. The easing of China’s pandemic measures and the reopening of cross-border travel has led to a rapid uptick […]
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Thailand
