MANILA, Philippines — Economic growth in the second quarter was revised higher by the Philippine Statistics Authority as construction and real estate activities proved stronger than initially reported. State statisticians said in a statement on Wednesday that the gross domestic product in the April-June period now stood at 7.5%, slightly higher than the previous 7.4%. […]
Read MoreBased on the responses of 3,000 job seekers and 400 businesses in June, the report “Labor market in 2022 – facts and direction” by Vietnamworks pointed out that 40% of workers do not have a stable job. According to the report, in the first six months of the year, 60% of job seekers had stable […]
Read MoreKUALA LUMPUR: AmBank Group anticipates the third quarter (Q3) 2022 Gross Domestic Product (GDP) numbers to be at 12.2 per cent, better than the Q2 2022 growth of 8.9 per cent. In its research note, the group said it is maintaining its full-year GDP forecast at 7.5 per cent (base-case), with an upside of 8.5 […]
Read MoreThailand is suffering from an acute energy crisis at the moment and the Energy Ministry of the country plans on closing pubs, petrol pumps, and 24-hour convenience stores early if the situation deteriorates further. Kurit Sombatsiri, the Permanent Secretary of the Energy Ministry, informed that the rising prices of liquefied natural gas (LNG) and the weak baht […]
Read MoreThe total trade recorded an increase of 37.3 per cent from BND2,018.5 million in August 2021 to BND2,771.3 million in August 2022, contributed by a rise in both export and import value between those periods. Compared to July 2022, total trade fell 7.8 per cent due to a fall in exports and imports value, mainly […]
Read MorePhnom Penh recently announced the implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35 to raise the potential of investment and trade and improve national economic productivity, according to Aun Pornmoniroth, minister of economy and finance and chairman of the National Committee for Economic Productivity of Cambodia. During the official launch ceremony, Pornmoniroth […]
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