One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky. The gloomy economic forecast was made by the International Monetary Fund (IMF), based on concerns over an economic slowdown in the US, the EU and China, but some analysts believe 2023 will be a year of […]
Read MoreThe mayor of Vientiane Capital has reported an annual economic growth of 4.83%, with the gross domestic product of the city crossing LAK 62 billion (USD 3 million). The agricultural sector, which made up 13.77% of the GDP, grew by 3.91%. The industrial sector, which made up 49.05% of the city’s GDP, made up 6.54%, […]
Read MoreIndonesia’s trade surplus narrowed in December as exports declined from the previous month. The country recorded a trade surplus of $3.89 billion, narrowing from $5.16 billion in November. Analysts polled by The Wall Street Journal expected a $4.01 billion surplus. For the full year, Southeast Asia’s largest economy reported a trade surplus of $54.46 billion. […]
Read MoreSINGAPOREANS’ headline inflation expectations for the year ahead fell, down to 3.8 per cent in a December poll from an 11-year high of 4.6 per cent in September 2022, according to the latest quarterly results of the Singapore Index of Inflation Expectations (Sindex). However, the fourth quarter one-year-ahead inflation expectations are still higher than the average one-year-ahead […]
Read MoreMANILA, Philippines — The Philippines may increase its pork and poultry production and importation this year, driven by stable demand amid a growing economy as well as the extended lower tariffs for pork, according to the United States Department of Agriculture (USDA). In a report, the USDA-Foreign Agricultural Service (FAS) said Philippine pork production may […]
Read MoreA market research study of more than 500 Cambodians found that 71.35 percent of Cambodians are very concerned about inflation. According to Standard Insights study, inflation has been on the rise since 2017 in Cambodia, due to soaring fuel prices and the depreciation of the riel. In November 2022, Standard Insights surveyed more than 500 […]
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Thailand
