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Cambodia: Kingdom’s growth story to continue in 2023

Amid the predictions by major global institutions about a slowdown across developed economies and its impact on developing nations, ASEAN countries like Cambodia remain a beacon of hope. The Cambodian economy is estimated to grow at 5.6 percent this year against the earlier estimate of 6.6 percent. It was stated by Vongsey Vissoth, the Ministry […]

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Thailand: Baht hits high-value products

High-value industrial products with few imported raw materials such as rubber products, canned and processed seafood, gems and jewellery are expected to be the hardest hit as the baht strengthens, according to the planning unit of the Commerce Ministry. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO), said the baht accelerated quickly to […]

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Thailand: Chinese travel companies resume full operations

Chinese travel agencies will today resume outbound group tours to 20 countries including Thailand, following the relaxation of rules governing personal foreign travel at the beginning of the year. The number of Chinese tourists visiting Thailand is expected to hit pre-Covid-19 pandemic levels by the end of the year, said deputy government spokeswoman Traisuree Taisaranakul, citing a projection […]

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Vietnam-Laos trade records impressive growth in 2022

Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of their leaders at the 44th meeting of the Vietnam – Laos Inter-Governmental Committee on Bilateral Cooperation earlier last year. Vientiane (VNA) – Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the […]

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