The value of imports and exports passing through the Chinese-invested Sihanoukville Special Economic Zone (SSEZ) in Cambodia rose to $1.9 billion in the first nine months of 2022, up 21 percent from $1.57 billion over the same period last year, said an operator’s report on Monday. Situated in the southwestern coastal province of Preah Sihanouk, […]
Read MoreVietnam’s economic growth was reported in all three key sectors, of which services increased by 10.57%, industry-construction up 9.63%, and agriculture-forestry-fishery up 2.99%. Despite global volatilities, Vietnam’s economy has rebounded strongly this year beyond the forecasts of many international organisations, making the country one of the rare bright spots in the global gloomy picture and […]
Read MoreIndonesia is setting a three-year deadline for all state-owned companies to use only electric vehicles as part of its goal of reaching net zero emissions by 2060. The government will also push state-run bus operators Perum PPD and DAMRI to fully electrify their fleet, said State-Owned Enterprises Minister Erick Thohir, without giving a timeline. They have […]
Read MoreMANILA, Philippines — The amount of US dollars sent home by overseas Filipino workers (OFWs) to their families in the Philippines grew at a faster rate of more than four percent in August, according to the Bangko Sentral ng Pilipinas (BSP). It said personal remittances – the sum of net compensation of employees, personal transfers, […]
Read MoreThe economy is on course for continuous recovery driven by increasing tourism activities and active private consumption, with the growth rate expected to return to pre-Covid level by the end of this year or beginning of 2023, according to Anucha Burapachaisri, the government spokesman. He cited forecasts by the International Monetary Fund (IMF) and the Bank […]
Read MoreThe Asian Development Bank (ADB) believes the Lao economy will see a gradual recovery next year, supported by new investment and higher renewable energy and mining output. “A consortium of lenders is preparing finance for the 600-megawatt Monsoon Wind project which, once completed, will export all the power it generates and be Southeast Asia’s biggest […]
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Thailand
