Strong fiscal stimulus and high vaccination rates have helped quickened Cambodia’s economic recovery in the post-COVID-19 pandemic era, an ASEAN+3 Macroeconomic Research Office (AMRO) report said on Thursday. In its Cambodia Economic Outlook 2022, the AMRO said the Cambodian economy has been resilient, adding that the lifting of COVID-19 restrictions boosted domestic activity while strong […]
Read MoreMalaysia’s economy expanded by 8.9 per cent year-on-year in the second quarter of this year, mainly supported by domestic demand, improving labour market and resilient exports, said Bank Negara governor Nor Shamsiah Mohd Yunus. The announcement by the central bank on Friday (Aug 12) also exceeded the majority of forecasts by various analysts, which ranged […]
Read MoreGIVEN Indonesia’s position as a major commodities exporter, growth momentum for the country is likely to slow in the second half of the year as key commodity export prices undergo a correction. Holding all things constant, senior economist at RHB Bank Barnabas Gan hypothesised in a report on Friday (Aug 12) that a uniform decline […]
Read MoreA move to expedite the enforcement of the new daily minimum wage as early as October has added to the debate over what the most acceptable wage rise should be. Labour Minister Suchart Chomklin wants the cabinet to give the final say on the new wage within September, so it can take effect on Oct […]
Read MoreCambodia’s international trade rose to $32.82 billion in the first seven months of this year, a year-on-year increase of 21.3 percent, and the United States is the biggest market for the country accounting for 43 percent of the Kingdom’s total exports. From January to July, Cambodia exported $13.78 billion worth of goods to foreign markets, […]
Read MoreThe Vietnamese medical devices market, which is growing annually at more than 18%, relies heavily on imports, representing significant opportunities for foreign businesses, according to the Ho Chi Minh City Medical Equipment Association. The market is now worth 1.5 billion USD, up from 1.1 billion USD in 2017, Hua Phu Doan, deputy chairman of the […]
Read More
Thailand
