MANILA, Philippines — Vehicle sales in the country welcomed the year with an over 40 percent increase, continuing the double-digit growth momentum in 2022. Latest data from Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed that new motor vehicle sales reached 29,499 units in January, a 42.1 […]
Read MoreThe Thanaleng Dry Port offers much cheaper logistics and transport services, its developer has informed local freight forwarder and logistics service providers. Business executives and representatives of dozens of companies providing transport, logistics and import-export services on Friday visited the dry port in Vientiane to learn about the opportunities offered. Businesses representatives visit the control […]
Read MorePETALING JAYA: Bank Negara may take a longer pause before raising its benchmark interest rate again this year. This could bring some cheer to the market and households, whose pockets have been hit by the rise in borrowing costs. Against the backdrop of a slowing economy, more analysts are looking at the possibility of overnight […]
Read MoreThe Kingdom of Cambodia has emerged as the 20th-ranked power in the region, improving by two places from last year, according to the fifth edition of the Asia Power Index 2023. The position in the index, which measures a country’s resources and influence to rank the relative power of states, reflects the standing of Cambodia […]
Read MoreThese challenges included a world economic recession, competition among major big economies, trade protectionism, inflation and rising interest rates, MoIT’s Director of the Asia-Africa Market Department said. HÀ NỘI — Vietnamese exporters need to ensure their capacity and maintain existing export markets, typically Asian and African outlets, amid many challenges in 2023, a senior trade official has said. These challenges included a world economic recession, […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects a shallower economic growth dip for the Philippines this year, raising its gross domestic product (GDP) growth forecast to 5.5 percent from the original target of 4.3 percent. Nomura chief ASEAN economist Euben Paracuelles and analyst Rangga Cipta cited the better-than-expected GDP growth of 7.2 percent in […]
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Thailand
