The nation’s gross domestic product (GDP) in 2022 is forecast to reach about US$413.81 billion, thereby ranking 37th in the world, according to the latest projection on the GDP scale for countries globally made by IMF. In line with the latest forecast, the scale of Vietnamese GDP in 2022 moved up four places and represented […]
Read MoreThe National Assembly (NA) has approved an economic growth rate of at least 4.5 percent for 2023 as proposed by the government amid a global economic downturn. The agriculture sector is expected to grow at 2.5 percent, representing 17.2 percent of the Gross Domestic Product (GDP), while industry will grow at 5 percent, accounting for […]
Read MoreMANILA, Philippines — Manufacturing activity in the country grew at its fastest pace in six months, supported by strong local demand. A report released by S&P Global Market Intelligence yesterday showed the Philippines’ manufacturing purchasing managers’ index (PMI) rose to a six-month high of 53.1 in December from 52.7 in November. The PMI is based […]
Read MoreA Cambodian researcher said that the Belt and Road Initiative (BRI) projects will be a contributor to the economic growth in Cambodia and in the region in the post-pandemic COVID-19 era and will help Cambodia achieve its ambitious goal of becoming an upper-middle income country by 2030 and a high-income country in 2050. Neak Chandarith, […]
Read MoreSINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (Jan 3). This makes last year’s gross domestic product (GDP) slightly better than the official […]
Read MoreINDONESIA plans to set up a crypto exchange this year before it shifts regulatory powers over such assets to the Financial Services Authority (FSA), from a commodities agency. Crypto assets in Indonesia are currently traded alongside commodity contracts under the supervision of the Commodity Futures Trading Regulatory Agency, known as Bappebti. As part of a […]
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Thailand
