Highlights from the Asian Economic Integration Report 2023 (AEIR) by the Asian Development Bank (ADB) show that nations in the Asia and Pacific region are seeing the effects of tightening monetary policies as countries try to tackle inflation. According to the report, although Asia’s trade volume remains strong, many advanced economies are tightening their monetary policies to […]
Read MoreWorries about Covid-19 may be gone, but PM2.5 is back, plunging Thailand into yet another crisis. As the ultra-fine dust accumulates, blanketing many provinces, businesses and households are increasingly complaining about the health and economic impact. The northern city of Chiang Mai, a top tourism destination, this month earned the unwanted title of worst air […]
Read MoreThe Indonesian Government is committed to promoting inclusive and sustainable growth not only in the country, but also in the Indo-Pacific and ASEAN regions, according to Coordinating Minister for Economic Affairs Airlangga Hartarto. Jakarta (VNA) – The Indonesian Government is committed to promoting inclusive and sustainable growth not only in the country, but also in the Indo-Pacific […]
Read MoreLive selling is a trend that has gained popularity in Southeast Asia in recent years as a way for businesses to sell their products or services directly to consumers, according to a report conducted by Ninja Van Vietnam. HCM CITY — Live selling is a trend that has gained popularity in Southeast Asia in recent […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to continue its tightening cycle although at a slower pace of 25 basis points on Thursday, with some economists saying this could be the last. ING Bank senior economist Nicholas Mapa is expecting a smaller 25-basis-point interest rate increase after BSP Governor Felipe Medalla […]
Read MoreA tire factory with an investment of $300 million started its operation in Preah Sihanouk province on Saturday. General Tire Technology (Cambodia), located in Sihanoukville Special Economic Zone (SSEZ), is a subsidiary of Chinese tire maker Jiangsu General Science Technology. The factory is capable of manufacturing at least five million vehicle tires and 900,000 truck […]
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