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Brunei economy projected to grow 5.8 per cent

Brunei Darussalam’s economy is projected to grow 5.8 per cent this year, according to the International Monetary Fund’s (IMF) latest Regional Economic Outlook report. IMF said economic growth in Asia and the Pacific is poised to slow more than previously estimated this year amid headwinds from the conflict in Ukraine, a resurgent pandemic, and tightening […]

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Vietnam’s path toward a digital economy, digital society

Deputy Minister of Information and Communications Nguyen Huy Dung said Vietnam has vowed to develop a digital economy and digital society. The Prime Minister has issued a strategy on developing a digital economy and digital society by 2025, with the vision towards 2030. Where is Vietnam in the world’s digital map when releasing the strategy? […]

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Opening of the Cambodian-Thai border boosts tourism

After the Thai government allowed the re-opening of the border with Cambodia from May 1, 2022, a number of associations and private companies in the tourism sector in Cambodia, Thailand, as well as Vietnam have cooperated to plan to boost the flow of tourists again. In early May, the Asia-Pacific Tourism Association (PATA) led by […]

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Philippines: After breaching target in April, inflation threatens economic recovery

MANILA, Philippines (Update 1, 11:49 a.m.) — Inflation in April quickened at its fastest in over two years, threatening to derail a nascent recovery as high prices crimp consumer spending. In an online briefing on Thursday, the Philippine Statistics Authority reported inflation accelerated 4.9% year-on-year in April, quicker than the March print of 4%. The latest reading […]

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March 2022 Malaysian vehicle sales up by 62.5%

The Malaysian Automotive Association (MAA) has released the vehicle sales data for the month of March 2022, announcing that a total of 73,222 new vehicles were delivered to buyers that month. This is a jump of 28,171 units from the 45,051 units (adjusted from the 43,722 units originally reported) in February, translating to a 62.5% increase […]

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