The baht slid to the lowest level since March last week but some believe it will bounce back in coming months. The currency is poised to recover as an upsurge in Chinese tourists bolsters the nation’s finances, while any resolution to the political standoff that is dragging down Thai assets will likely lead to a relief […]
Read MoreBusiness activities are cooling as consumers have had to tighten their purse strings, with some vendors setting up business on wide sidewalks in HCM City. A sticky rice vendor run by Huynh Ngoc set up on a sidewalk on Hai Ba Trung street in district 1 one month ago. This is a busy street with […]
Read MoreJakarta. The World Bank has maintained its projection for Indonesia’s economic growth to reach 4.9 percent in 2023 while expecting an uptick in growth over the medium term, the multinational lender announced Monday. The country witnessed a significant economic growth of 5.3 percent in 2022, which the World Bank attributed to pent-up demand from the Covid-19 pandemic. This marked a […]
Read MoreSINGAPORE’S economic growth could slow “significantly” to 0.4 per cent this year, even as it escapes a technical recession, the Institute of Chartered Accountants in England and Wales (ICAEW) said on Monday (Jun 26). ICAEW’s estimate, based on research by Oxford Economics that it commissioned, is lower than Singapore’s official gross domestic product (GDP) forecast […]
Read MorePrime Minister Hun Sen praised the special economic zones in Svay Rieng province for their significant contribution to economic development, through a large share of total exports and the creation of jobs for local people. The special economic zone in Svay Rieng employed just 100 workers when it first opened in 2005 and currently, there […]
Read MoreMANILA, Philippines — The Department of Agriculture (DA) is opening more export markets and investment opportunities for local high value crops to carve a position in the global market. The country is negotiating to export more high value crops after “determined strides” last year that opened opportunities for cash crops, DA Undersecretary for policy, planning, […]
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Thailand
