Vietnam receives total US$19 billion worth of remittances in 2022, up 5.5% on-year. Vietnam received a total of $19 billion in remittances in 2022, ranking it 10th in the world, according to a report by the Global Knowledge Partnership on Migration and Development (KNOMAD). This position represents an increase of one place with respect to […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas is keeping its eyes peeled on consumer price growth at the start of 2023, as its projection left room for an uptick in January. In a statement on Tuesday, the BSP projected inflation would land between 7.5-8.3% in January. This means that this month’s reading could see […]
Read MoreThe likely slowdown in the United States and European countries, which are major export markets for Cambodian garments, might adversely affect the prospects of the sector this year, according to a financial expert. “In its latest Global Economic Prospects report released in January 2023, the World Bank has cut its growth forecast for the US […]
Read MoreThai fuel consumption rose by 13.5% last year, driven by the easing of the Covid-19 pandemic, full reopening of the country and economic recovery, says the Department of Energy Business (DOEB). Last year saw the full resumption of air and land transport inside and outside Thailand, without travel restrictions imposed under lockdown measures, said Nanthika Thangsupanich, director-general […]
Read More2023 is predicted to be the year of many challenges for the Vietnamese economy due to the gloomy outlook of the global economy and multiple crises. However, with many positive signals and prepared efforts in advance, Viet Nam’s economy is still expected to maintain a good growth momentum compared to other economies in the region […]
Read MoreJakarta (ANTARA) – Bank Indonesia (BI) has continued to optimize foreign exchange (forex) management to maintain the stability of the rupiah exchange rate and support national economic growth. “We believe that the exchange rate will strengthen and we will continue to maintain it, and, of course, we will continue to optimize the management of foreign […]
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Thailand
