Skyrocketing inflation has forced many households in Laos to slash spending on education, health and food, according to the findings of the latest survey conducted by the Macroeconomic Research Institute. Economists are concerned that reduced expenditure on health and education will undermine the long-term development of human capital in Laos. “In the first quarter of […]
Read MoreGlobal demand for Vietnamese products has been dwindling, with the country’s major exports, such as furniture, footwear, and seafood, receiving far fewer orders than last year. HÀ NỘI — Industry insiders and policymakers have cautioned that Việt Nam is facing an uphill battle to achieve its goal of 6 per cent export growth this year. Global […]
Read MoreKUALA LUMPUR (March 16): Only 11% of Malaysian manufacturers are utilising both the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreements. Based on the Federation of Malaysian Manufacturers’ (FMM) Business Conditions Survey for the second half of 2022, 66% of the 745 respondents said they are aware […]
Read MoreEconomic concerns stemming from the collapse of Silicon Valley Bank (SVB) will not affect long-haul visitors to Thailand in the short term as pent-up demand should support the market, but officials plan to monitor the long-term impact, according to the Tourism Authority of Thailand (TAT). SVB, which had mostly US startups and tech companies as clients, […]
Read MoreThe deposits in Cambodia’s banking sector reached $42.7 billion by January this year, while banks’ outstanding loan was more than $55 billion, according to a report from the National Bank of Cambodia (NBC). Banking institutions received deposits of approximately $42.7 billion, increasing from $37 billion in October last year. The loans were allotted to key […]
Read MoreDespite the Law on Consumer Rights Protection taking effect on July 1, 2011, the infringement of consumer rights remained widespread at many levels with increasing complexity. HÀ NỘI — The protection of consumer rights online has been the focus amid the boom of e-commerce and the digital economy since the COVID-19 pandemic, according to the […]
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