SINGAPORE – The Government has narrowed its economic growth forecast range for 2022 in tandem with a worsening outlook for the global economy and stubbornly high inflation. The Ministry of Trade and Industry (MTI) narrowed its range for Singapore’s gross domestic product growth this year to 3 per cent to 4 per cent, from an […]
Read MoreCambodia’s international trade was amounted to $32.82 billion in the first seven months of this year, a year-on-year increase by 21.3 percent. From January to July, Cambodia exported $13.78 billion worth of goods to foreign markets, up 30.7 percent compared to the same period last year, the General Department of Customs and Excise ‘report showed. […]
Read MoreKUALA LUMPUR: Revenue for Malaysia’s services sector grew 25.2 per cent year-on-year (y-o-y) to RM506.5 billion in the second quarter of 2022 (Q2 2022), the Department of Statistics Malaysia (DoSM) said. It said this was contributed by the wholesale and retail trade, food and beverages and accommodation segment which saw revenue went up 26.1 per […]
Read MoreAs foreign firms pump additional equity into local units MANILA, Philippines — The net inflow of foreign direct investments (FDI) soared by 64.1 percent to $742 million in May from $452 million in the same month last year as multinational companies continued to inject more money into their affiliates in the Philippines to finance their […]
Read MoreThe rise in fish and seafood prices is due to unfavourable weather and labour shortage. Meanwhile, the increase in food and non-alcoholic beverages was due to the rise in prices of food such as oil and fats by 20.5 per cent; meat 11.4 per cent; and fish and seafood 6.9 per cent. The rise in […]
Read MoreBangkok Post reports that Saksayam Chidchob, Minister of Transport, will visit Laos to talk with the Lao government and entrepreneurs regarding the construction of a railway from Nongkhai Province to Vientiane Capital. Other Thai ministries involved in the discussion, aside from the Thai Ministry of Transport, will be the Ministry of Finance, Ministry of Foreign Affairs, Ministry […]
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