KUALA LUMPUR: The Ministry of Finance (MoF) stressed that Malaysia will not experience an economic turmoil this year although the country is faced with global economic uncertainties. Deputy Finance Minister II Steven Sim Chee Keong said the technical definition of an economic recession is when a country experiences two consecutive quarters of economic contraction. “This […]
Read MoreJAKARTA: Indonesia reported a larger-than-forecast trade balance in February at US$5.48 billion, boosted by an unexpected drop in imports, data from the country’s statistics bureau showed on Wednesday (Mar 15). Analysts polled by Reuters had expected a US$3.27 billion trade surplus. Exports in February rose 4.51 per cent annually to US$21.40 billion, slightly lower than […]
Read MoreHANOI: Measures have been taken to boost domestic trade to maintain an 8% to 9% growth rate per year, according to the Ministry of Industry and Trade (MoIT). The ministry said there is still untapped potential in the domestic market as the country’s population reaches the 100 million mark. To realise this potential, MoIT said […]
Read MoreMANILA, Philippines — The country’s trade deficit widened by 27 percent as imports continued to outpace exports in January, according to the Philippine Statistics Authority (PSA). Based on PSA data, the trade gap ballooned to $5.74 billion in January, the biggest since the record-high monthly deficit of $6.02 billion in August last year. The latest […]
Read MoreRubber exports from Cambodia surged for the second consecutive month in February by registering a 67.4 percent growth to earn $59 million compared to $35 million for the same period last year. Cambodia’s rubber exports in January 2023 also recorded a 59.8 percent surge compared to January 2022 and earned the country $54 million. According […]
Read MoreThe Laos-China Railway Company has kept its promise and brought out its LCR Ticket mobile application online today. Passengers across the country rushed to test out the new application from the early hours of Wednesday morning, with heavy traffic volume causing the payment system to stall. Nevertheless, social media users have been posting their tickets […]
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Thailand
