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Singapore leads foreign investment in Vietnam

Singapore remained the biggest foreign investor in Vietnam among the 51 countries and territories investing in Vietnam in the first two months of 2023, with 978.4 million USD, making up nearly 31.6% of the total registered foreign direct investment (FDI) in the country, down 42.7% year-on-year, the Ministry of Planning and Investment (MPI) reported. Hanoi […]

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Thailand: MPI rises 6.6% in January to reach 10-month high

Thailand’s Manufacturing Production Index (MPI) increased by 6.6% from December last year to reach 99.8 points in January, the highest level in 10 months, thanks to more business activity, driven by an uptick in tourism. However, the January MPI decreased by 4.35% year-on-year due to the global economic slowdown and the impact of the Russia-Ukraine war, […]

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Philippines: No reprieve as BSP sees February inflation breaching 9%

MANILA, Philippines — The Bangko Sentral ng Pilipinas on Tuesday said there are chances that brutally-high inflation sizzled beyond 9% in February, which could give it more reason to tighten monetary policy. In a statement on Tuesday, the BSP said inflation likely quickened between 8.5 to 9.3% in February. If the upper range is realized, consumer price growth would be faster […]

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Cambodia’s manufacturing output reaches $15 billion in 2022

Cambodia’s manufacturing output hit $15.8 billion in 2022, a remarkable increase of 83 percent year on year, the Ministry of Industry, Science, Technology and Innovation (MISTI)’s report showed on Tuesday. The ministry registered 186 new factories last year, pushing the total number of factories to 1,982. Cham Prasidh, Senior Minister and Minister of MISTI said […]

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