The International Merchandise Trade Index (IMTI) measures the changes in the levels of unit values and volume of merchandise exports and imports between the Sultanate and trading partners and can assist policymakers to assess the factors that contribute to the country’s trade performance. In the first quarter of 2022, total exports increased by 55.3 per […]
Read MoreSINGAPORE’S dollar has established itself as Asia’s most resilient currency against the US dollar this year, and some strategists are betting on more strength if price pressures force the nation’s central bank to tighten its exchange-rate policy again next month. Goldman Sachs Group, Citigroup and MUFG Bank are among banks that are bullish on the […]
Read MoreGDP (gross domestic product) growth has slowed down. The risk of falling to the middle-income trap and economically lagging behind exist. These are the challenges for Vietnam on the road to becoming a developed country by 2045. The Ministry of Planning and Investment (MPI) has projected two scenarios for Vietnam by 2050 in the draft […]
Read MoreBANGKOK: Thailand’s economy is expected to grow by 3% to 3.5% this year and 3% to 4% next year, helped by increased exports and a pickup in the vital tourism sector after reopening the country to visitors, the finance minister says. The country expects eight million to 10 million foreign tourist arrivals this year, having […]
Read MoreMANILA, Philippines — Filipinos will have no choice but to spend more as prices, particularly of food items, continue to rise due to the continued depreciation of the peso against the dollar. Last week, the peso depreciated to a new record low of 57.43 to $1. A weaker peso means it will be more expensive […]
Read MoreBank of Laos and the People’s Bank of China have signed a memorandum of understanding regarding future payments in Yuan. Bank of Laos has issued a statement that the Governor of the Bank of Laos, Mr. Bounleua Sinxayvoravong, and the Governor of the People’s Bank of China, Mr. Yi Kang have signed an MOU to […]
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Thailand
