MALAYSIA’S Prime Minister Anwar Ibrahim on Tuesday (Dec 20) said the country’s gross domestic product this year was very likely to exceed earlier projections of between 6.5 per cent and 7 per cent. “This year’s economic performance is encouraging as a result of the reopening of the economy in line with a shift to a Covid-19 […]
Read MoreMANILA, Philippines — The country’s balance of payments (BOP) deficit ballooned to $7.87 billion from January to November – a sharp reversal of the meager $353 million surplus recorded in the same period last year, according to the Bangko Sentral ng Pilipinas (BSP). “Based on preliminary data, this cumulative BOP deficit was due to the […]
Read MoreAccording to the Lao Deputy Prime Minister, Mr. Sonxay Siphandone, who visited Ho Chi Minh City last week, the Lao government has placed a high priority on attracting Vietnamese investors, to grow the country’s economy. The Lao Deputy PM attended the Vietnam-Laos Trade and Investment Promotion Forum where he said that investments by Vietnamese enterprises […]
Read MorePETALING JAYA: Malaysia’s trade performance is expected to slow down in the year ahead amid rising headwinds in the global economy. According to economists, with recession risks looming in developed economies such as the United States and European Union (EU), and China’s economy moderating, global demand for goods and services is expected to decline in […]
Read MoreThe global economy in 2023 is expected to be even more complicated and unpredictable, and more difficulties are anticipated, which will require greater efforts. The plenary session of the fifth Vietnam Economic Forum took place under the chairmanship of Prime Minister Pham Minh Chinh on December 17. 8% GDP growth rate Tran Tuan Anh, […]
Read MoreThe government’s latest economic stimulus packages to boost consumer spending during the New Year festive period have drawn mixed reactions from the private sector. While retailers believe the tax rebate packages for shopping will help stimulate consumer spending and the economy, property firms said the new measures would make the market more sluggish, largely because of […]
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