SINGAPORE’S manufacturing sector grew by 13.2 per cent year on year in 2021, jumping from the 7.5 per cent expansion in 2020, according to fresh figures on Wednesday (Jan 26). Full-year growth was driven by electronics and its adjacent precision engineering cluster, and supported by both the volatile pharmaceuticals cluster and a recovery in transport […]
Read MoreAir and rail carriers, which have suffered heavily from Covid-19, have had to carry cargo to earn extra money. But sea shipping lines are experiencing brighter days. In 2021, in addition to providing ‘rescue flights’ bringing Vietnamese citizens home, air carriers also carried cargo to survive the pandemic. They carried 912,000 tons of goods in […]
Read MoreMANILA, Philippines — The International Monetary Fund (IMF) has slashed the economic growth forecast for member countries of the Association of Southeast Asian Nations (ASEAN) as the global economy entered 2022 in a weaker position amid higher inflation and the spread of the Omicron COVID variant. In the latest World Economic Outlook, the IMF lowered […]
Read MoreTo provide a firm and secured base to qualified individuals in the field of information technology, the Ministry of Posts and Telecommunications of Cambodia (MPTC) yesterday launched the Digital Community of Cambodia. The purpose of the system is to provide cover to qualified individuals in the field of digital technology – both domestic and abroad […]
Read MoreRegulators plan to prohibit the use of digital assets to pay for goods and services because it could create a risk for financial stability and the economy. According to a joint statement by the Bank of Thailand, Securities and Exchange Commission (SEC) and the Finance Ministry on Tuesday, they have reviewed the benefits and risks […]
Read MoreInflation will apparently become one of the key words of 2022. As it exerts impact on other macroeconomic variables, while it has to bear pressure and influence from other factors, inflation and its forecasts have aroused bitter controversy among economists and analysts. In a recent report on Vietnam, Standard Chartered projects the country’s gross domestic product […]
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Thailand
