The Indonesian government has announced that it expects the value of exports to grow by 12.8% in 2023, much lower than the growth of 29.8% in 2022, according to Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto. Jakarta (VNA) – The Indonesian government has announced that it expects the value of exports to grow by 12.8% […]
Read MoreTHE recovery of Singapore’s tourism sector has accelerated and is now expected to show next year, ahead of the earlier forecast mid-2020s, according to Minister of State for Culture, Community and Youth Alvin Tan. “The recovery of tourism is accelerating faster than we expect… now it is accelerating and we expect recovery next year, 2024,” […]
Read MoreKUALA LUMPUR (Jan 16): Cost-of-living, rapid or sustained inflation, and debt crises were identified as the top three global risks for Malaysia in the Executive Opinion Survey (EOS) report by the World Economic Forum (WEF). According to the report, cost of living is the top risk globally, with the greatest impact (severity) over a two-year […]
Read MoreThe value of investment by Vietnamese companies in Laos reached US$180 million in 2022, an increase of 52.5 percent, according to a VietnamPlus report. In the meantime, Lao companies are operating 10 investment projects worth over US$71 million in Vietnam. The figures were revealed during the two countries’ investment cooperation conference held in Vientiane last […]
Read MoreMANILA, Philippines — Inflation rates are likely to be back on target in Asia by the third quarter, with fuel prices seen to decline further and food prices expected to ease, according to think tank Oxford Economics. “Ebbing supply-side shocks and demand-side weakness mean headline inflation is likely to fall sharply in Asia over H1 […]
Read MoreSluggish global demand led to a 21 percent decline in apparel exports from Cambodia in December 2022, which in turn lowered the sector’s overall performance for the year. With December not playing a dampener, the annual exports data would have been better than the 12.69 percent increase over the previous year. The export of apparel […]
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Thailand
