KUALA LUMPUR: The manufacturing sector continued its double-digit growth to record RM159.2bil in sales in November 2022, an increase of 11.8% year-on-year (y-o-y), the Statistics Department says. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the continuous growth was driven mainly by the electrical and electronic (E&E) products subsector (19%), particularly in the manufacture […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) climbed by 6.3 percent to hit a six-month high of $923 million in October last year from $868 million in the same month in 2021, according to the Bangko Sentral ng Pilipinas (BSP). However, despite the uptick in October last year, the 10-month tally […]
Read MoreThe stronger baht is the result of foreign investors’ confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith. He said the appreciation of the baht is in line with the inflow of capital to the equity and bond markets, coupled with the country’s healthy fiscal stability. Thailand also recorded a high level of foreign tourist arrivals, […]
Read MoreAlthough the last months of the year had seen a substantial drop in export orders, the textile and garment industry, as well as the seafood industry, still ended the year with positive results. The textile and garment industry saw a turnover of US$44 bln, while the seafood industry exceeded its target and brought in US$11 […]
Read MoreWith e-commerce in Cambodia likely to register a 13.51 percent compound annual growth rate in five years (up to 2027), foreign companies could be looking to be part of the growth story. The e-commerce market in Cambodia is expected to be worth over $2.10 billion in 2027, according to research by statista.com, which makes it […]
Read MoreThailand’s public debt-to-GDP ratio rose to 61.4% in fiscal 2023, above an earlier estimate of 60.4%, after the inclusion of the Finance Ministry’s total guarantee for the Oil Fuel Fund’s borrowings — tallying 110 billion baht — in the country’s public debt management plan. Finance Minister Arkhom Termpittayapaisith said a meeting of the ministry’s public debt […]
Read More
Thailand
