KUALA LUMPUR: The Statistics Department is carrying out a study on income patterns and basic facilities, which are important elements in the review of the Consumer Price Index (CPI), which will be held next year on the country’s inflation rate, according to chief statistician Datuk Seri Mohd Uzir Mahidin. Uzir said income pattern would have […]
Read MoreAccording to The International Monetary Fund (IMF), Laos is estimated to grow only 2.2 percent this year, the growth rate will increase to 3.1 percent by next year and will rise to 4.3 percent in 2027. The growth projection in October remains the same as that of July after it was downgraded from April’s forecast […]
Read MoreThe Finance Ministry is considering new measures to encourage spending in a bid to maintain the Thai economic recovery, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO). He said the ministry will consult the FPO on the possible measures soon. Mr Pornchai added that he expects other ministries to unveil their own measures to […]
Read MoreMANILA, Philippines — The Marcos Jr. administration projected on Tuesday that the Philippines’ economic growth will be tempered next year, especially since they expect the country will be at the mercy of global headwinds that stoked inflation. This is what the public should expect, according to Socioeconomic Planning Secretary Arsenio Balisacan, since global headwinds led […]
Read MoreThe unemployment rate in Cambodia is expected to reach 2 percent by the end of 2022, according to Trading Economics global macro models and analysts’ expectations. In 2023, Cambodia’s unemployment rate is projected to trend around 2 percent and 0.90 percent in 2024, according to the projections of the econometric models. In the third quarter […]
Read MoreThe strong foreign direct investment (FDI) inflow from the Republic of Korea (RoK) has been giving a significant push to Viet Nam in the battle to move up the global value chain ladder and promote sustainable development. RoK has been by far the most important source of FDI to Viet Nam and contributed greatly to […]
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