The selling price of steel in Hà Nội is VNĐ18 million (US$761 USD) per tonne, which is approaching its peak recorded in mid-2022. HÀ NỘI — The price of construction steel is on the rise despite the fact that the demand for this type of construction material remains weak, insiders have said. The selling price of […]
Read MoreKUALA LUMPUR: Malaysia’s near-term economic growth is expected to face challenges with the leading index (LI) decreasing 1.5 per cent to 108.5 points in January 2023 from 110.2 points in January 2022, according to the Department of Statistics Malaysia (DoSM). The LI is a predictive tool used to anticipate economic upturns and downturns in an […]
Read MoreMANILA, Philippines — The government slightly slowed down in its releases of cash allocations but state agencies managed to increase their utilization rate as of February following the record P5.268-trillion budget this year. Latest data from the Department of Budget and Management (DBM) showed that notices of cash allocation (NCAs) went down by five percent […]
Read MoreVietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home. The second annual report on foreign investment in Vietnam for 2022 released earlier in March by the Vietnam’s Association of Foreign Invested Enterprises noted that the United States has decreased corporate income tax from 25 […]
Read MoreExports are forecast for a deeper contraction of 1.2% this year, attributed to the global economic slowdown and the banking debacle in the US and Europe, according to Kasikorn Research Center (KResearch). The centre downgraded its export outlook for 2023 from a previous contraction of 0.5%, citing the US economy’s slower growth and the ongoing banking crisis […]
Read MoreKao Kim Hourn, Secretary General of the Association of Southeast Asian Nations (ASEAN), has commended Indonesia, Chair of the bloc in 2023, for raising priority economic deliverables (PEDs) that are forward-looking and expected to encourage stronger regional economic cooperation. Jakarta (VNA) – Kao Kim Hourn, Secretary General of the Association of Southeast Asian Nations (ASEAN), has […]
Read More
Thailand
