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Cambodia exported $900M bicycles in 2022

Cambodia earned $900 million from the export of bicycles in 2022, which is an increase of 43 percent over the $631 million reported for 2021, according to a report by the Ministry of Commerce. Target markets for Cambodia’s bicycle export include the United States, Germany, the United Kingdom, Japan, China, ASEAN, Belgium, the Netherlands, Austria, […]

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Thailand: December MPI marks the lowest level in 28 months

Thailand’s Manufacturing Production Index (MPI) fell by 8.19% year-on-year in December last year to 93.98 points, the lowest level in 28 months, as the world economy contracted. The full-year MPI managed to climb 0.62% year-on-year to 98.32 points, said Warawan Chitaroon, director-general of the Office of Industrial Economics (OIE). “Many countries grappled with the economic slowdown […]

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Vietnam is 10th worldwide in remittance

Vietnam receives total US$19 billion worth of remittances in 2022, up 5.5% on-year. Vietnam received a total of $19 billion in remittances in 2022, ranking it 10th in the world, according to a report by the Global Knowledge Partnership on Migration and Development (KNOMAD). This position represents an increase of one place with respect to […]

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Thailand: Country’s fuel usage up 13.5% in 2022

Thai fuel consumption rose by 13.5% last year, driven by the easing of the Covid-19 pandemic, full reopening of the country and economic recovery, says the Department of Energy Business (DOEB). Last year saw the full resumption of air and land transport inside and outside Thailand, without travel restrictions imposed under lockdown measures, said Nanthika Thangsupanich, director-general […]

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