A rebound in domestic consumption demand and surge in exports are expected to be drivers for Viet Nam’s economic growth in 2022. Many international organisations have been upbeat about the recovery of the Vietnamese economy. Among them, Fitch Ratings gave the most optimistic view as it expected the country’s economy to grow by 7.9 per […]
Read MoreCambodia and Malaysia are looking forward to enhancing the cooperation in trade and economic ties. Prime Minister of Malaysia Datuk Seri Ismail Sabri Yaakob, who is in capital on a two-day official visit, is scheduled to have a royal audience with Cambodian King Norodom Sihamoni as well as meet Prime Minister Hun Sen. The high-profile […]
Read MorePETALING JAYA: Supply-side constraints especially from the chip sector have impeded the growth of the automotive industry. Statistics released by the Malaysian Automotive Association (MAA) showed that ongoing computer chip shortage and the disruption of the supply chain due to the December floods had affected total industry volume (TIV) numbers in January 2022. Proton appeared […]
Read MoreDespite growth prospects, the Thai economy still has to brave a spate of risk factors such as high inflation, soaring energy prices, persistent Covid-19 outbreaks and relatively hefty household debt, says Deputy Prime Minister Supattanapong Punmeechaow. According to Mr Supattanapong, rising inflationary pressure driven by recovering global demand and the escalating conflict in Europe may […]
Read MoreMANILA, Philippines — Asian economies should keep their debts in check as they may find it difficult to overcome financial threats during the pandemic, a former senior manager at the World Bank Treasury said. In a study titled “Debt management capacity: a tale of three Asias,” former World Bank executive Phillip Anderson said Asian countries […]
Read MoreA lower domestic tax rate for petrol products, especially the environmental protection tax, should be considered to prevent the prices in the domestic market from rising. Prime Minister Pham Minh Chinh urged Government agencies to study the possibility of lowering environmental protection tax for petroleum products. Under the directive, the Ministry of Finance (MoF) and […]
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