It has been a long winter for Singapore’s property market, but the first blooms of spring are showing. The signs of a revival are strong, such as greatly increased sales volumes and fierce bidding for land by developers ready to fork out eye-watering sums. The latest pointer to an upturn was the keenly contested Toh […]
Read MoreVietnam’s draft law on supporting Small and Medium Enterprises (SMEs) has failed to live up to expectations from local businesses and experts who criticize its lack of practical grounds. The proposed piece of legislation, compiled by the Ministry of Planning and Investment, is aimed at facilitating the access of SMEs in Vietnam to government support […]
Read MoreVietnam’s medium-term outlook is expected to remain broadly positive with a sustained GDP growth of 6.3 percent or more over the next three years, the World Bank said in a new report. The latest East Asia and Pacific Update, the World Bank’s twice yearly comprehensive review of the region’s economies, was published on Thursday, providing […]
Read MoreThe Cambodian economy continues to be resilient in the midst of global uncertainty, with a healthy GDP growth of seven percent, and with further prospects for improvement, said Prime Minister Hun Sen in his Khmer New Year address to the nation yesterday. “Despite all the challenges – both internal and external – our economy has […]
Read MoreMANILA, Philippines – The country’s trade deficit widened 56.5 percent to $1.728 billion in February from $1.104 billion a year ago as manufacturing and consumption-related imports outpaced exports during the month, the Philippine Statistics Authority (PSA) said. Imports grew 20.3 percent to $6.511 billion in February on increased inbound shipments of the following goods: mineral […]
Read MoreCambodia and Vietnam made progress toward ambitious economic targets after trade between the countries rose 21.2 percent in the first two months of this year, worth about $624.1 million. Thach Du, Vietnamese ambassador to Cambodia, told local media his nation was Cambodia’s third largest trade partner last year, while bilateral trade between the countries hit […]
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Thailand
