WHILE growth in imports exceeding that of exports may be a temporary phenomenon, there are concerns that this may be a continuing trend against an uncertain global outlook. There is also concern that higher consumption from all the stimulus spending will increase imports but will not contribute to exports. Over the next few months, the […]
Read MoreMANILA, Philippines — Businesses are putting on hold their expansion plans amid the continued depreciation of the peso against the dollar as well as accelerating inflation, but are planning to hire more workers in the third quarter, according to the results of a survey conducted by the Bangko Sentral ng Pilipinas. BSP senior director Redentor […]
Read MoreThe highly transmissible BA.4 and BA.5 sub-variants of Omicron are keeping people alert to a possible outbreak, but Covid-19 may not be the most serious concern as the economy ambles forward. The new viral strains come as most people are vaccinated, with 76.4% of the 70 million inhabitants of Thailand inoculated with two doses of […]
Read MoreA track change station was officially opened at the Vientiane Logistics Park on Friday, creating an official link between the Laos-China Railway and the Laos-Thailand Railway. The move greatly improves multimodal international logistics and land-sea transport, thus offering lucrative trade opportunities. A ceremony to inaugurate the link between the 1.435 metre standard-gauge Laos-China rail track […]
Read MoreIf businesses don’t reduce carbon emissions, their exports to the EU will face a new kind of tax, which would make products more expensive, thereby affecting their competitiveness in the market. Vietnam is the 11th largest exporter of products to the EU, which accounts for 1.8 percent of total import turnover of the market. The […]
Read MoreThe new Law on Investment introduced by Cambodia may help improve worker productivity, given the incentives it offers on the provision of skills training, housing, nurseries, health facilities, and transportation services to workers, the World Bank said in a report. In its ‘Cambodia Economic Update June 2022,’ the bank said, “The main policy measures introduced […]
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Thailand
