The Finance Ministry on Thursday cut its 2021 economic growth forecast to 1.0% from a previously projected 1.3% expansion, the fourth such revision this year, as the country struggles to recover from the pandemic. Thailand suffered a 6.1% economic slump last year, after the collapse of its tourism sector. The country imposed tougher restrictions in […]
Read MoreSINGAPORE – Singapore’s core inflation will continue to rise over the coming quarters because of higher business costs and continued import price pressures, the central bank said in its latest macroeconomic review published on Thursday (Oct 28). The Monetary Authority of Singapore (MAS) noted in its biannual review that while business cost pressures have been […]
Read MoreCambodia exported $8.2417 billion worth garments between January and September this year—a hike of $843.4 million or 11.4 per cent over the same period last year, the general department of customs and excise said. Hong Vanak, director of international economics at the Royal Academy of Cambodia, termed this a ‘very good reflection’ of government measures. […]
Read MoreMANILA, Philippines — Retail prices of consumer goods in Metro Manila went up again in August, the Philippine Statistics Authority said. The General Retail Price Index (GRPI) in the National Capital Region in August grew at two percent, faster than the 1.8 percent rate in July. This was also faster than the 1.4 percent growth […]
Read MoreProperty projects in Quang Ninh, Bac Giang and Thanh Hoa are expected to attract northern investors in the last months of 2021 thanks to the development of infrastructure and IZs. Bac Giang successes As the first locality attacked by the fourth pandemic wave, Bac Giang had to impose social distancing measures, which raised worries for […]
Read MoreKUALA LUMPUR: Malaysia’s trade grew 25.5 per cent year-on-year (YoY) to RM195.54 billion in September from RM155.85 billion recorded in the same period a year ago, according to the Malaysian External Trade Development Corp (Matrade). In a statement today, the trade promotion agency under the International Trade and Industry Ministry said the stellar performance was the […]
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Thailand
