PETALING JAYA: Malaysia’s industrial production growth is expected to normalise in 2023 on the back of a dampened outlook among the country’s major trading partners, like the United States, United Kingdom and Europe, says AmBank Research. “Moving forward, we expect growth in production to slow down. The latest manufacturing Purchasing Managers’ Index number also has […]
Read MoreMANILA, Philippines — The Philippine economy is projected to post slower growth this year as global demand weakens, but the expected growth will be among the fastest in the region, according to the World Bank. “After the strong rebound in 2022, growth in Malaysia, Philippines and Vietnam is expected to moderate as the growth of […]
Read MoreCambodia’s exports of garments, footwear and travel (GFT) goods grew by around 15 percent in 2022 compared to the previous year, from $10.99 billion to $12.63 billion, but the total share of the sector declined marginally, according to the latest report on trade by the General Department of Customs and Excise (GDCE). The GFT sector […]
Read MoreThe report, released on Tuesday, also showed that the average monthly income for workers in all three economic sectors grew. According to a report by the General Statistics Office (GSO), the average per capita monthly income for Vietnamese citizens increased by 16 per cent to VND6.7 million ($284) in 2022. The report, released on Tuesday, […]
Read MoreThe Commerce Ministry has extended price controls on five products comprising hygienic face masks, synthetic fibres for face mask production, alcohol gel, paper for recycling, and chicken for another year. A meeting of the Central Committee on the Prices of Goods and Services, chaired by Commerce Minister Jurin Laksanawisit, on Wednesday agreed to place a total of […]
Read MoreLaos has recorded over 1,000 people entering and exiting via the Boten International Border checkpoint in Luang Namtha Province since China authorized the reopening of borders last week. Following the border reopening between Laos and China, 420 visitors entered Laos through Boten International Checkpoint and 850 left the country, according to a customs officer. Lieutenant Colonel Viengvilay […]
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Thailand
