International Monetary Fund (IMF) has wrapped up two weeks of talks with Cambodian authorities, forecasting a gradual return to 6.5 percent economic growth in the medium term. However, it warned of three downside risks to growth: a resurgence of the Coronavirus pandemic, the possibility of rising bad loans and the dangers of climate change. The […]
Read MorePETALING JAYA: Malaysia’s economy is expected to stage a healthy growth by year-end, underpinned by pent-up consumer demand, robust exports and the lifting of Covid-19 restrictions domestically and abroad. Economists are in sync with the government’s projection of between 3% and 4% of gross domestic product (GDP) growth for 2021. AmBank Group chief economist Anthony […]
Read MoreTHE recent easing of restrictions on viewings and displaced owners as a result of en blocs are among likely reasons for the recovery of condominium resale volumes in November, said property analysts. Condominium resale volumes rose 2.4 per cent last month to about 1,636 units resold, after declining in October and September, flash figures from 99.co and […]
Read MoreThe Tourism Authority of Thailand (TAT) will ask the cabinet to keep its stimulus campaign in place with a budget of 13.2 billion baht, in order to maintain positive momentum for the domestic travel market amid weaker international tourist numbers. TAT governor Yuthasak Supasorn said the 2 million rooms in the We Travel Together subsidy […]
Read MoreThe garment sector in Cambodia has shown good performance in terms of production, exports and growth in orders, while the import of fabrics for garment production increased by more than 25%. According to the latest World Bank Economic Update for Cambodia, in the first nine months of this year, Cambodia imported about $3.5 billion worth […]
Read MoreThe annual demand on liquefied petroleum gas (LPG) consumption in Vietnam has been about 2.3 million tonnes, mainly for civil and commercial consumption. The Ministry of Industry and Trade’s Department of Petroleum and Coal has reported that the domestic gas output is about 9-10 billion cubic metres per year, of which 85 per cent is for […]
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