SINGAPORE: Private sector economists have raised slightly their forecast for Singapore’s economic growth in 2023, with the pace seen accelerating to 2.5% in 2024, according to a Monetary Authority of Singapore (MAS) survey. Most of the 21 economists and analysts who participated in the quarterly survey believe robust growth in China, underpinned by economic reopening […]
Read MoreCambodia is expected to become the biggest cashew producer in the world by surpassing the Ivory Coast, said Prime Minister Hun Sen at the official opening ceremony of the 7th River Festival in Stung Sen city, Kampong Thom province Thursday. Cambodia produces up to 1,180,000 tonnes of cashew nuts on a total land area of […]
Read MorePetrol retailers and industry insiders are calling for a change in the state management of fuel to ensure businesses can stay afloat. At last week’s session of the National Assembly Economic Committee on the petroleum market, Giang Chan Tay, director of petrol retailer Boi Ngoc Co., Ltd. in the Mekong Delta province of Tra Vinh, […]
Read MoreConsumer confidence increased for the ninth straight month in February, boosted by recovering tourism, government stimulus measures, and the baht’s weakness. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index rose to 52.6 in February, up from 51.7 in January, reaching the highest level in three years since Thailand began […]
Read MoreThe trade deficit in Laos soared to USD 233 million in September 2022 but has been decreasing steadily since then. The overall value of trade in Laos was USD 935 billion in January this year, with USD 461 million in exports and USD 474 million in imports, according to the information from the Lao Trade Portal. Major exports for […]
Read MoreMANILA, Philippines — The country’s unemployment rate went up in January from the previous month, following the end of the Christmas holidays when seasonal jobs were being created, according to the Philippine Statistics Authority (PSA). Preliminary results of the Labor Force Survey released yesterday showed the country’s jobless rate was at 4.8 percent in January […]
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Thailand
