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Philippines: Trade gap widens by 27% in January

MANILA, Philippines — The country’s trade deficit widened by 27 percent as imports continued to outpace exports in January, according to the Philippine Statistics Authority (PSA). Based on PSA data, the trade gap ballooned to $5.74 billion in January, the biggest since the record-high monthly deficit of $6.02 billion in August last year. The latest […]

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Cambodia: Rubber exports go up 67 percent in February

Rubber exports from Cambodia surged for the second consecutive month in February by registering a 67.4 percent growth to earn $59 million compared to $35 million for the same period last year. Cambodia’s rubber exports in January 2023 also recorded a 59.8 percent surge compared to January 2022 and earned the country $54 million. According […]

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Laos-China Railway Ticketing App is Now Officially Online

The Laos-China Railway Company has kept its promise and brought out its LCR Ticket mobile application online today. Passengers across the country rushed to test out the new application from the early hours of Wednesday morning, with heavy traffic volume causing the payment system to stall. Nevertheless, social media users have been posting their tickets […]

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Malaysia: GDP slows in January to 5.3%

PETALING JAYA: The country’s economy may have grown by 5.3% year-on-year (y-o-y) in January 2023 as economic activities eased in the month. Maybank Investment Bank (Maybank IB) Research said the gross domestic product (GDP) growth could have slowed down in January, as compared to a growth of 8.3% in December 2022. The actual growth rate […]

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Philippines: NCR retail price growth rises in January

MANILA, Philippines — Retail prices of goods in Metro Manila in January posted their highest increase in over 14 years due to upticks in food prices, according to the Philippine Statistics Authority (PSA). Data released by the PSA yesterday showed the General Retail Price Index (GRPI) growth in the National Capital Region (NCR) was at […]

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