HONG KONG – Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing costs, weak equity markets and China’s pandemic controls, dealmakers said. Deals are set to revive slowly as companies and funds watch out for easier macroeconomic conditions, they said. Hopes […]
Read MoreThailand’s exports are expected to reach nine trillion baht by the end of the year, before increasing further to 9.25 trillion baht next year, amid predictions of higher-than-expected economic growth, according to the Commerce Ministry. Commerce Minister Jurin Laksanawisit said at a forum on Sunday that this year exports are on track to grow by 7% from […]
Read MoreThere is still a lot of untapped potential for Vietnamese businesses in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) three years after it went into effect. Ngo Chung Khanh, Deputy Director of the Multilateral Trade Policy Department under the Ministry of Industry and Trade (MoIT), said Vietnamese businesses have been increasingly interested in […]
Read MoreMALAYSIA’S merchandise trade in terms of exports and imports has entered a soft patch in tandem with weakening global demand. The severity of that slowdown is now being debated, with some expecting it to possibly get worse and long-drawn, while others view it to be a probable mild downturn. Recessions are expected in the United […]
Read MoreThough tourism across Southeast Asia is in the process of regaining its pre-Covid health, with a 26.3 percent recovery rate against pre-pandemic levels Cambodia is placed third among ASEAN (Association of Southeast Asian Nations) member states. According to the Tourism Advisory Board of Vietnam, while Singapore tops the table with a 30.9 percent recovery rate, […]
Read MoreMANILA, Philippines — Inflation may remain elevated next year, staying well above the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP), according to New York-based think tank Global Source Partners Inc. In a report, former finance undersecretary Romeo Bernardo, country analyst at GlobalSource, said that inflation may remain elevated at […]
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