SINGAPORE, Singapore — Singapore’s economy posted better-than-expected results in the first quarter of 2023, official data showed Thursday, but the government warned that the global outlook remains gloomy. The Southeast Asian city-state’s economic performance is often seen as a barometer of the global environment because of its reliance on international trade. Its economy expanded by […]
Read MoreCambodia earned $979.060 million from the export of “electrical, electronic equipment” in the first four months of 2023, up 94.24 per cent year-on-year from $504.039 million and up 36.72 per cent half-on-half (compared to July-October 2022) from $716.11 million, according to provisional Customs (GDCE) data in “International Merchandise Trade Statistics” bulletins. This category of items, […]
Read MoreKUALA LUMPUR: Malaysia approved RM71.4bil worth of investments in the first quarter of 2023 and the Malaysian Investment Development Authority (Mida) says the country attracted more foreign direct investments (FDIs) than domestic direct investments (DDIs) in the period. “FDI contributed RM37.5bil, representing 52.5% of the total approved investments, while DDI accounted for RM33.9bil, or 47.5% […]
Read MoreMANILA, Philippines — The Philippines posted a budget surplus for the second straight month in April, ballooning to P66.8 billion or 13.5 times the surplus recorded in the same period last year, as the acceleration in revenue collection outstripped the growth in government expenditures, according to the Bureau of the Treasury (BTr). Last month’s surplus […]
Read MoreOutlet stores have been present in Hà Nội City since 2012 but their business was not so profitable because of low product diversity. HÀ NỘI — Experts believe outlet stores would provide an effective solution to the problem of lukewarm consumption demand as they encourage consumers to spend more on deeply-discounted products. Lê Việt Nga, deputy director of the Domestic […]
Read MoreThailand needs to improve its durian production to remain the top exporter amid tougher competition over the next five years, according to a Bank of Thailand report. Thailand is the top durian exporter to China, with significant growth over the past five years. In 2022, Thailand’s total value of durian exports was 124 billion baht, […]
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