PETALING JAYA: Bank Negara may take a longer pause before raising its benchmark interest rate again this year. This could bring some cheer to the market and households, whose pockets have been hit by the rise in borrowing costs. Against the backdrop of a slowing economy, more analysts are looking at the possibility of overnight […]
Read MoreThe Kingdom of Cambodia has emerged as the 20th-ranked power in the region, improving by two places from last year, according to the fifth edition of the Asia Power Index 2023. The position in the index, which measures a country’s resources and influence to rank the relative power of states, reflects the standing of Cambodia […]
Read MoreThese challenges included a world economic recession, competition among major big economies, trade protectionism, inflation and rising interest rates, MoIT’s Director of the Asia-Africa Market Department said. HÀ NỘI — Vietnamese exporters need to ensure their capacity and maintain existing export markets, typically Asian and African outlets, amid many challenges in 2023, a senior trade official has said. These challenges included a world economic recession, […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects a shallower economic growth dip for the Philippines this year, raising its gross domestic product (GDP) growth forecast to 5.5 percent from the original target of 4.3 percent. Nomura chief ASEAN economist Euben Paracuelles and analyst Rangga Cipta cited the better-than-expected GDP growth of 7.2 percent in […]
Read MoreEnergy officials may keep the power tariff, which determines electricity bills, unchanged or trim the rate at its next adjustment as gas prices have become less aggressive. The new rate will be enforced between May and August. Early this week, prices of liquefied natural gas (LNG) in the spot market fell to UScopy5-16 per metric […]
Read MoreThe Myanmar Tourism Federation that out of the foreign tourists coming to Myanmar in the first two months of 2023, Thais make up the largest number. The Myanmar junta has been trying to put a positive face on their tourism industry that has been dramatically impacted by the 2021 coup and the ongoing crisis and […]
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Thailand
