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Thailand: Exports seen rising up to 1% this year

Thailand’s exports are likely to be flat or rise up to 1% this year as global demand has slowed but a weak baht is providing support, the Thai shippers’ council said on Tuesday. The strong export markets were the United States and Europe, but China was not as active though gradually improving, Thai National Shippers’ Council […]

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Malaysia: GDP growthsustainable

PETALING JAYA: While Malaysia’s trade growth has started to decelerate in line with consensus expectations of a weaker global economy, industry analysts are of the view that strong domestic demand, particularly private consumption and private investment, will help to sustain the country’s gross domestic product (GDP) expansion this year. Economic and financial data are signalling […]

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Laos Inflation Rate Sees Modest Decline in May

The country recorded a year-on-year inflation rate of 38.86% in May, according to information from the Lao Statistics Bureau (LSB). The year-on-year inflation rate in Laos declined to 38.86 percent in May, down from 39.89 percent in April and 40.97 in March this year. In the same period in May 2022, the country recorded a 12.8% inflation rate, […]

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EBA withdrawal not to impact Cambodia, says PM

Cambodia’s manufacturing sector will not be affected by the complete withdrawal of the Everything But Arms (EBA) preferential tariff line of the European Union (EU) expected in the near future, said Prime Minister Hun Sen, recently. During his meeting with more than 16,000 workers in Kampong Speu province on Sunday, the premier noted that Cambodia […]

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More Vietnamese consumers go cashless: study

Some 77 per cent of Vietnamese consumers believe they could go cashless for three days, according to a new survey by Visa entitled “Consumer Payment Attitudes Study 2022”. HCM CITY — Some 77 per cent of Vietnamese consumers believe they could go cashless for three days, according to a new survey by Visa entitled “Consumer Payment Attitudes Study 2022”. […]

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Thailand: Headline inflation lowest in 21 months

Thailand’s headline inflation rate dropped to its lowest in 21 months in May due to falling energy and food prices and a high base in 2022, the Commerce Ministry said on Tuesday. The headline consumer price index (CPI) rose 0.53% in May from a year earlier, below a forecast rise of 1.70% in a Reuters poll, […]

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