The State Bank of Vietnam (SBV) on Wednesday made its first policy interest rate cut since October 2020 to stabilise the monetary market and support economic growth HÀ NỘI — The State Bank of Vietnam (SBV) has made its first policy interest rate cut since October 2020 to stabilise the monetary market and support economic growth. Under […]
Read MoreThe Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued. More goods orders played a key role in boosting the confidence of manufacturers, said Kriengkrai Thiennukul, chairman of the Federation of Thai Industries (FTI). In January the […]
Read MoreCOSTLIER food items led to wholesale prices growing at a faster pace in January, the Philippine Statistics Authority (PSA) reported on Wednesday. The general wholesale price index (GWPI) expanded by 7.0 percent, up from 6.7 percent in December. It was also significantly higher than the 4.6 percent recorded a year earlier. “The increase in the […]
Read MoreThe US remained the biggest market for Cambodia with a share of 34.4 percent even though the Kingdom’s exports to the country decreased by 20.2 percent to reach $1.12 billion in the first two months of the year compared to the same period in 2022, showed the latest trade data of the General Department of […]
Read MoreSkyrocketing inflation has forced many households in Laos to slash spending on education, health and food, according to the findings of the latest survey conducted by the Macroeconomic Research Institute. Economists are concerned that reduced expenditure on health and education will undermine the long-term development of human capital in Laos. “In the first quarter of […]
Read MoreGlobal demand for Vietnamese products has been dwindling, with the country’s major exports, such as furniture, footwear, and seafood, receiving far fewer orders than last year. HÀ NỘI — Industry insiders and policymakers have cautioned that Việt Nam is facing an uphill battle to achieve its goal of 6 per cent export growth this year. Global […]
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