After a three-year hiatus, the popular Songkran (Pi Mai) Festival will be celebrated in Thailand this April, with more than 20 million visitors expected to attend the festivities. This annual three-day water-splashing festival is celebrated in the majority of Buddhist countries, including Laos, and marks the Buddhist Calendar New Year. To ensure safety during the […]
Read MoreCambodian and Chinese central bank officials have discussed the promotion of local currency settlement for cross-border trade between the two countries, said a statement released by the National Bank of Cambodia (NBC) on Saturday. The talks were held between NBC’s Deputy Governor Chea Serey and Xuan Changneng, vice governor of the People’s Bank of China, […]
Read MoreThe cumulative import turnover of CBU cars in Q1 2023 increased by 76 per cent in volume and 60.8 per cent in value compared to the same period last year. HÀ NỘI — Vietnamese firms spent over US$903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office […]
Read MoreSummary The near-term outlook is expected to remain constrained by weak demand in several important export markets for manufacturers. Bank charges, raw materials, and transportation costs continued to rise, with the overall rate of input price inflation still among the highest on record. An important long-term challenge for the Singapore economy will be from ageing […]
Read MoreThailand recorded a current account surplus of UScopy.3 billion in February, after a revised deficit of $2.1 billion in the previous month, the Bank of Thailand (BoT) said on Friday. Exports, a key driver of growth, declined 4.1% year-on-year in February, the central bank said in a statement. The World Bank said on Friday that […]
Read MoreIn an interview with a Vietnam News Agency correspondent based in Kuala Lumpur on the occasion of the 50th anniversary of the countries’ diplomatic relations (March 30, 1973 – March 30, 2023), Trade Counselor Lê Phú Cường said Việt Nam boasts advantages in terms of labour and development potential, while Malaysia’s are in capital and […]
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