The National Bank of Cambodia (NBC) has forecasted that the country’s Gross Domestic Product (GDP) is expected to grow around 6 percent in 2023, said the latest report released by NBC. The growth would be supported by garment and non-garment manufacturing products that are estimated to grow by 6.9 percent and 14.3 percent respectively. The […]
Read MoreIndonesia plans to adjust its foreign tourist attraction strategy to respond to the rising risk of recession in developed economies this year, Indonesian Tourism and Creative Economy Minister Sandiaga Uno has said. Hanoi (VNA) – Indonesia plans to adjust its foreign tourist attraction strategy to respond to the rising risk of recession in developed economies this […]
Read MoreChinese travelers’ behaviors have become different after Covid-19. Vietnam needs to eliminate low-cost and zero-dong tours as Chinese now spend more money and demand high-quality services like European and American travelers. Cao Tri Dung, deputy chair of the Vietnam Tourism Association, said in the long term, China will still be the No 1 market for […]
Read MoreCambodia’s footwear products are likely to see a drop in purchase orders early this year due to the prolonged war in Ukraine, the Cambodia Footwear of Cambodia said. The association called for more promotion and diversification in the market. Export of products, bags and footwear in 2022 increased moderately compared to 2021. However, in 2023 […]
Read MoreChina’s reopening, continued inflows of foreign funds, and anticipated spending for Thailand’s national election scheduled for early May should put the Thai stock market in the spotlight in the first half this year, according to analysts. Visit Ongpipattanakul, managing director of Trinity Securities, said this year capital inflows are likely to happen quickly as China reopening rejuvenates […]
Read MoreMANILA, Philippines — Filipino families who called themselves poor rose slightly to 51% from 49% in December 2022, according to a Social Weather Stations survey released Thursday, as inflation accelerated to its fastest pace in 14 years that month. According to the private pollster, the number of poor families climbed to 12.9 million from October 2022, representing an […]
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