MANILA, Philippines — The Philippines’ trade deficit widened in March as merchandise imports continued to outpace the export of goods, according to the Philippine Statistics Authority (PSA). Preliminary data from the PSA yesterday showed the balance of trade in goods or difference between the value of exports and imports amounted to a deficit of $4.93 […]
Read MoreMonths on after Beijing lifted Covid-19 travel restrictions and rolled out a pilot international group-tour scheme encompassing Cambodia and 19 other countries, Chinese tourist arrivals to the Kingdom, and especially Siem Reap, have fallen short of the expectations of industry insiders based in the culturally-rich northwestern province. Thiem Thuong, president of the Siem Reap-based Cambodia […]
Read MoreTEMPO.CO, Labuan Bajo – President Joko “Jokowi” Widodo and Vietnam Prime Minister Pham Minh Chinh – during a bilateral meeting amid the 42nd ASEAN Summit – are sure the cooperation between the two countries will help increase trade value to reach US$ 15 billion by 2028. This was mentioned by Foreign Affairs Minister Retno Marsudi during the […]
Read MorePETALING JAYA: Economists are weighing up different opinions on the latest industrial production index (IPI) data for March in terms of the country’s next economic growth path for 2023, which is widely expected to moderate from last year’s high of 8.7%. The Statistics Department yesterday released the IPI numbers for March and cumulatively for the […]
Read MoreWhile economic activity has recently picked up in Laos, the rising cost of living is having a widespread negative impact, with poorer families most severely affected, a World Bank survey released in May shows. The World Bank’s latest Rapid Monitoring Phone Survey, conducted from December 2022 to January 2023, covers access to food, employment, and the impact […]
Read MoreThe Tourism Authority of Thailand (TAT) hopes the Chinese market can surge to 1 million arrivals per month in October, as occurred in 2019, thanks to increasing flight capacity and an influx of demand during high season, with e-visa issues resolved by that time. Chuwit Sirivejkul, TAT regional director of marketing for East Asia, said the […]
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