Cambodian “iron and steel” imports in the first 10 months of 2022 clocked in at $301.868 million, rising by 23.17 per cent year-on-year from $245.088 million, according to Customs. This category of items, corresponding to Chapter 72 of the harmonised tariff schedule, accounted for 1.169 per cent of the $25.818 billion value of the Kingdom’s […]
Read MoreFlooding affected domestic car sales in October, with volume decreasing in many categories, but the drop will not cause Thailand’s car manufacturing to fall short of its 2022 target, says the Federation of Thai Industries (FTI). Car sales managed to increase by 0.24% year-on-year to 64,618 units in October, said Surapong Paisitpatanapong, vice-chairman and spokesman for […]
Read MoreMANILA, Philippines — Despite steady progress for three decades, the Philippines still struggles to close one of the widest wealth gaps in East Asia, with the country ranking 15th out of 65 countries in terms of inequality, the World Bank found in a study released Thursday. In a report entitled “Overcoming Poverty and Inequality in the Philippines: Past, Present, and Prospects […]
Read MoreIndonesia’s vision in 2045 is that we want to become a high-income country after 100 years of our independence, but we want to achieve high growth in a sustainable way. Jakarta (ANTARA) – Indonesia boosted its economy to grow, on average, six percent annually to become developed while keeping the rate of carbon emissions low, […]
Read MoreThailand’s direct sales industry is expected to see growth of 3-5% next year after two years of contraction attributed to the Covid-19 outbreaks. According to Surachet Chousri, the newly appointed president of the Thai Direct Selling Association (TDSA), the sector fell to 69.3 billion baht and 63.8 billion in 2020 and 2021, respectively, from 70.1 billion […]
Read MorePETALING JAYA: Malaysia’s gross domestic product (GDP) growth rate is expected to remain respectable in 2023 but will be at a slower rate year-on-year (y-o-y) and supported by the country’s broad and diversified domestic economy, says RAM Ratings Services Bhd. RAM Ratings senior economist and head of economic research Woon Khai Jhek estimated GDP for […]
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