Growers are using the Laos-China Railway to ship bananas from Laos to China, with the speedy means of transport ensuring that the fruit reaches its destination before overripening or going mouldy. In the past the shipment of agricultural produce was problematic because of the long time taken for trucks to make the journey to China, […]
Read MoreMANILA, Philippines — The national government’s debt stock increased in October and has already exceeded the expected pile by the end of the year, as the Marcos Jr. administration took on new debts to finance its programs. The Bureau of the Treasury revealed Wednesday that government liabilities hit P13.64 trillion in October, inching up 0.92% month-on-month. […]
Read MoreThe World Bank in its Economic Update released Wednesday said the tourism and hospitality industries are likely to accelerate further, with projected increases in international arrivals and domestic tourists once the pandemic is becomes history. Agricultural production and agroprocessing industries continue to be boosted by newly ratified free trade agreements. In addition to the Cambodia-China […]
Read MoreAS COVID-19 restrictions eased in 2022, Singapore’s labour market moved towards pre-pandemic normalcy. Manpower demand rose in consumer-facing industries, while the return of foreign labour relieved shortages. Total employment surpassed pre-Covid levels in the third quarter, and unemployment rates have also recovered. In contrast, slowing economic growth in 2023 is expected to reduce labour demand […]
Read MoreIndustrial Zone (IZ) developers are pocketing big money as Vietnam is welcoming new foreign investors. Trang Bui, CEO of Cushman Wakefield, said total demand of industrial land in northern Vietnam is 13,600 hectares and the average rent per sq m is $139 in Hanoi, $130 in Bac Ninh, $121 in Hai Phong, $113 in Vinh […]
Read MorePETALING JAYA: Asian economies are expected to see a gloomy start in 2023, but it would not be for long with Malaysia seen to be relatively resilient among Asean countries, says the Institute of Chartered Accountants in England and Wales (ICAEW). ICAEW noted that experts and analysts have warned of an impending recession in 2023 […]
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Thailand
