MANILA, Philippines — The Philippines‘ debt may ease this year as the economy continues to bounce back from the impact of the COVID-19 pandemic, according to Moody’s Investors Service. In a report, the debt watcher said it believes the debt burden of the Philippines has peaked, but the scope for significant reduction is limited. “For […]
Read MorePARIS, France — World food prices fell for a ninth month in a row in December but hit their highest level on record for the full year in 2022, UN data showed Friday. Food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukraine, a major supplier of wheat and […]
Read MoreForeign investment in Thilawa Special Economic Zone (SEZ) has fallen drastically, negatively impacting land or ground rent income by over 6 billion kyat, said the Thilawa SEZ Management Committee said. About 113 factories from 20 countries invested in Thilawa SEZ and 93 factories and manufacturing units were still running until June 2022 but the number […]
Read MoreKUALA LUMPUR (Jan 9): Malaysia’s economy is set to go through a “slow and normalisation” growth of 4.1% this year, down from an estimated 8.5% last year, reflecting largely the normalisation of technical high-base effects and a weakening external environment, according to Socio-Economic Research Centre (SERC). The research house’s executive director Lee Heng Guie said […]
Read MorePositive signs of growth for cross-border e-commerce could enhance Vietnamese brand value. Frozen and fresh passion fruit and durian are two of many Vietnamese farm produce selling well on Alibaba.com. A report showed that farm produce, food and drinks are among the top 10 best sellers on the e-commerce platform. According to Roger Lou, Vietnam […]
Read MoreInflation in Laos skyrocketed to 39.27% in December 2022, the highest rate of the year, according to the Lao Statistics Bureau (LSB). In December 2022, Laos set a new record for the highest inflation rate of the year, up from November’s figure of 38.46 percent. Food and non-alcoholic beverage prices rose by 45.3 percent in the last month, […]
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Thailand
