vn01
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Consumption and exports continue to drive Vietnamese growth

HANOI: Consumption, one of the key drivers of Vietnam’s growth in 2022, is showing signs of deceleration in some sectors. But overall, the General Statistics Office’s (GSO) data showed Vietnam’s total retail sales of goods and services in November increased 17.5% year-on-year (y-o-y) to an estimated 514.2 trillion Vietnamese dong (RM92bil) after a 17.1% growth […]

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malay01
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Malaysia: Labour shortage, weaker ringgit among challenges faced by construction industry this year, say experts

KUALA LUMPUR, Dec 7 — A labour shortage, as well as rising raw material costs and interest rates amid the weaker ringgit have continued to weigh on the local construction sector despite the economy rebounding post-pandemic. Construction Industry Development Board (CIDB) Malaysia chief executive Datuk Ahmad Asri Abdul Hamid said the series of overnight policy […]

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laos01
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Thai Company to Build ASEAN’s Largest Wind Farm in Laos

Thai electric power distribution company BCPG Public will begin the construction of ASEAN’s largest wind farm in Laos at an estimated cost of development of USD 1.5 billion. Deputy Minister of Planning and Investment, Mr. Sathabandith Insysiengmay, and BCPG President, Mr. Niwat Adirek, as well as other officials, signed the concession agreement of the Monsoon […]

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phil04
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Philippines: Inflation sprints to 8% in November

Fastest in 14 years MANILA, Philippines — Inflation rose to a 14 year-high in November largely due to faster food price upticks, the Philippine Statistics Authority (PSA) reported yesterday. In a briefing, deputy national statistician Divina Gracia del Prado said headline inflation – the rate of increase in prices of consumer goods and services – […]

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