Soaring energy prices and a stalling US economy have emerged as potential downside risks that could dampen growth in Asean+3 economies, according to the Singapore-based Asean+3 Macroeconomic Research Office (Amro). According to an Amro report published recently, China’s reopening would help support the region’s growth this year, but external demand is expected to be pressured by signs […]
Read MoreKUALA LUMPUR, April 11 ― The sales value of the manufacturing sector posted double-digit growth of 10.3 per cent year-on-year to record RM145.2 billion in February 2023, said the Department of Statistics Malaysia (DoSM). According to chief statistician Datuk Seri Mohd Uzir Mahidin, the increase was contributed by strong growth in transport equipment and other […]
Read MoreMANILA, Philippines — Spain is looking to penetrate the Philippines‘ retail market for its pork exports as demand is seen to grow further on the back of higher consumption and an improving economy. Interporc, the Spanish association of the pork sector, is looking to tap the retail market as it mainly caters to Philippine meat […]
Read MorePrime Minister Hun Sen said yesterday that the small and medium enterprises (SME) have played an important role in boosting economic growth in Cambodia, generating jobs for people, and contributing to poverty reduction. In a meeting with about 5,000 SMEs yesterday, the Prime Minister lauded the remarkable SME development through the supply of domestically produced […]
Read MoreSince the introduction of an e-ticketing system in July 2022, Thailand’s Department of National Parks, Wildlife and Plant Conservation has reportedly collected an average of THB 1 million (USD 29,120) in fees from tourists entering the islands every day, with a total of THB 137 million generated in revenue. The chief of Hat Noppharat Thara-Mu […]
Read MoreMANILA, Philippines — The country’s budget shortfall may return to expansion mode this year, rising to about P1.7 trillion as government revenues will likely take a beating from the expected economic slowdown, according to an analyst. Union Bank of the Philippines chief economist Ruben Carlo Asuncion said the bank’s updated fiscal deficit forecast stood at […]
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Thailand
