AS the year draws to a close, Singapore’s recovery is still on track, with economic growth expected to stay above trend in 2022 as well. However, headwinds and downside risks remain, and the sectoral picture remains uneven. Here are five challenges to watch out for as we approach the new year. 1. Inflationary pressures The […]
Read MoreThe Vietnam Railway Authority has proposed the Ministry of Transport call for foreign investments in six projects. The rail projects comprise one running to the northern port city of Hai Phong, the Bien Hoa-Vung Tau and Trang Bom-Hoa Hung projects, the eastern ring railway in Hanoi, the light railway from Thu Thiem to Long Thanh […]
Read MoreMANILA, Philippines — The country’s manufacturing output sustained its three-digit gains for six consecutive months, although at a slower pace in September as base effects are starting to wane. Factory output, as measured by the Volume of Production Index (VoPI), went up 124 percent in September, significantly lower than the 534 percent hike in August, […]
Read MoreViet Nam’s Ministry of Transport on Monday asked for the Prime Minister’s approval on the three-phased resumption of regular international flights to Viet Nam, with the first phase starting in the first quarter of next year. This includes Cambodia. Under the ministry’s proposal, Vietnamese and foreigners from 15 countries and territories – China, Hong Kong […]
Read MoreLaos saw the year-on-year inflation rate moving up from 3.81 per cent in August to 4.17 per cent in September, while month-on-month inflation fell 0.50 per cent from the 0.59 per cent recorded in August. The overall inflation rate for the past nine months of this year was 3.33 per cent, according to the update […]
Read MoreBENGALURU: Malaysia’s battered economy likely slipped back into contraction in the third quarter as coronavirus-induced restrictions brought economic activity to a near-standstill, a Reuters poll found. After bouncing back from its worst recession in more than two decades in the second quarter, the Southeast Asian economy shrank 1.3 per cent in July-September from a year […]
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Thailand
