PRIVATE-SECTOR economists downgraded their full-year economic growth forecast for Singapore to 1.4 per cent this year in a quarterly survey, following a brief uptick in the previous edition. Gross domestic product is now expected to be weighed down by a contraction in the manufacturing sector, as well as a deeper slump in non-oil domestic exports, the survey […]
Read More(Global Times) — Some 500 tons of durian and other fruits arrived in China from fruit packaging factory in Thailand to Southwest China’s Chongqing Municipality, logistics firm China Railway Materials said on Monday. Stored in 28 refrigerated 40-foot containers, Thai durians, mangosteen and other tropical fruits left plantations in Thailand and arrived Chongqing’s Xiaonanya railway […]
Read MoreEach company has to spend about 14.9 hours to complete a cross-border trade transaction and incur direct costs of around VNĐ3.8 million (US$165) for logistics services, according to the 2022 Administrative Procedure Compliance Costs Index (APCI) report. HÀ NỘI — Each company has to spend about 14.9 hours to complete a cross-border trade transaction and incur […]
Read MoreAsian countries are engaged in fierce competition for the Thai outbound travel market, banking on increased flight capacity compared with last year. According to the Thai Travel Agents Association (TTAA), the Thai outbound market this year could recover to half of the 11.2 million departures recorded in 2019, the last year before the pandemic, as flight […]
Read MoreCambodia’s exports to Singapore increased by a massive 1819.9 percent in May this year compared to the same month last year, making the island city-state the fourth biggest market for the Kingdom after the US, China and Vietnam for the month. According to the latest trade data released by the General Department of Customs and […]
Read MoreMANILA, Philippines — The research arm of the Moody’s Group has raised its 2023 growth forecast for the Philippines to 6.1 percent from the previous target of 5.7 percent, making the country the fastest growing economy in the region. Steven Cochrane, chief economist for Asia Pacific at Moody’s Analytics, said the Philippines, India, China and […]
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Thailand
