Asean countries together received $174 billion as Foreign Direct Investment (FDI) in 2021, a 42 percent rebound compared to the previous year, according to the Asean Investment Report 2022, released by the Asean Secretariat yesterday. The increase to near pre-pandemic levels reversed the 30 percent decline in 2020 ($122 billion) caused by the Covid-19 outbreak […]
Read MoreThe Bank of Thailand (BoT) on Wednesday said it had seen no unusual capital movements and the weakness in the baht currency was mainly driven by the strength of the US dollar. The BoT, in a text message to reporters, said the country’s external position and financial stability remained strong. The baht has weakened 8.8% […]
Read MoreMANILA, Philippines — The country’s automotive industry remains on track with its recovery as it continued to post double-digit sales growth in the eight months of the year, according to data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA). In a joint report released yesterday, CAMPI-TMA said […]
Read MoreIn the eight months of 2022, Cambodia’s exports to the US touched $6.4 billion, an increase of 37 percent compared to the same period in 2021, which was at $4.6 billion, General Department of Customs and Excise of Cambodia (GDCE) said in its latest report. Imports from the US to Cambodia were at $224 million, […]
Read MoreVietnam’s overall online retail sales hit US$13.7 billion in 2021, up US$1.9 billion over 2020, according to the Vietnam E-commerce White Book 2022 released by the Vietnam e-Commerce and Digital Economy Agency. The Vietnam E-commerce White Paper 2022 showed that online retail sales accounted for 7% of the total retail sales of consumer goods and […]
Read MoreIn June 2022, the consumer price index (CPI) increased by 0.8 per cent compared to May 2022. This was driven by the increase in food and non-alcoholic beverages index and non-food index by 0.5 per cent and 0.8 per cent respectively. As compared to June 2021, the CPI had increased by 3.9 per cent. The […]
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