SINGAPORE’S factory output contracted more sharply in February, dragged by a steeper production decline in pharmaceuticals and electronics, data from the Singapore Economic Development Board (EDB) showed on Friday (Mar 24). Industrial production (IP) fell 8.9 per cent year on year in February, down from 3.1 per cent in the previous month. This marks the […]
Read MoreTrade between China and countries along the Mekong River posted steady growth last year despite COVID-19 and the sluggish global economy. Thanks to deepened mutual trust and cooperation, China’s trade volume with Cambodia, Laos, Myanmar, Thailand and Vietnam totaled 416.7 billion U.S. dollars in 2022, up 5 percent year on year. The figures were disclosed […]
Read MoreThe government expects there to be about 6 million foreign tourist arrivals in the first quarter of the year as the vital tourism sector gathered momentum, an official said on Friday. The country is forecasting between 25 million to 30 million foreign tourists this year, with spending of 1.5 trillion baht, government spokesperson Anucha Burapachaisri said […]
Read MoreKUALA LUMPUR: Malaysia’s inflation rate in February 2023 remained at 3.7%, led higher by growing costs in food and hospitality. The rate of increase, which brought the consumer price index (CPI) to 129.8, was on a par with the increase in January, and higher than the 3.6% median forecast of a Reuters poll of economists. […]
Read MoreSINGAPORE – Core inflation may have held firm in February after a faster rise in electricity and retail prices offset a slower increase in services costs, but some analysts believe respite is in sight amid the global banking turmoil. Core consumer prices, which exclude private transport and accommodation costs, and reflect the expenses of Singapore […]
Read MoreChina is the largest supplier of raw materials for Cambodia’s garment industry, accounting for about 80 percent of the total requirement and has been contributing to keep the production chain busy even during the Covid-19 pandemic, said Prime Minister Hun Sen. China is the largest supplier of raw materials to garment-producing countries including Cambodia, the […]
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Thailand
