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Malaysia: Muted outlook for second half

PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim, whose popularity is about to be tested in the upcoming elections in six states, faces increased challenges as the Malaysian economy is likely to slow down in the second half of 2023 (2H23). The softer economic outlook, amid worries about another round of interest rate hikes, adds […]

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Thailand: GDP growth outlook remains at 3.0-3.5%

Thailand’s economy is expected to grow 3.0% to 3.5% this year, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said on Wednesday, unchanged from its previous forecast, as tourism gathers momentum but exports soften. Exports, a key driver of the Thai economy, are projected to be flat or fall up to 2% this year, […]

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Cambodia: AOSD 2023 to boost cross-border e-commerce

Dozens of Cambodian businesses, especially from the SME sector, are expected to join e-businesses across the region for ASEAN Online Sale Day 2023 (AOSD 2023), the largest online shopping event in Southeast Asia, scheduled to take place from August 8 to 22. The event, being organised to mark the 56th ASEAN Day, will also provide […]

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