The recent rapid rise in inflation rates worldwide has been a hot topic with huge impacts on the real economy as well as financial markets. The surging cost of living has hit all households, especially those with sluggish wage growth, mostly lower-income groups. Recent financial market corrections in response to inflation concerns and the way […]
Read MoreEmpowering women workers drives and sustains compliance, increases productivity and profitability, improves dialogue, health and education outcomes for workers and their families. Empowering women will help to build forward better Vietnam’s garment and footwear sectors from the Covid-19 crisis, according to the International Labour Organization (ILO). The result was released after ILO carried out a […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) free trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have injected a new impetus into the Cambodia-China trade, a Cambodian official said on Thursday. China is currently the largest trading partner of Cambodia, according to official figures from Cambodia. Cambodian Ministry of Commerce’s undersecretary of state and spokesman […]
Read MoreMANILA, Philippines — Any move to suspend or repeal the Rice Tariffication Law (RTL) is risking the chance of farmers to improve their productivity and for inflation to remain manageable as consumers enjoy cheap rice prices, according to Socioeconomic Planning Secretary Karl Chua. He said the RTL, which opened the floodgates for cheap rice imports, […]
Read MoreThailand has no need to raise interest rates following the Federal Reserve’s hikes in US rates, as domestic factors and the economic recovery will be the main issues determining policy, the central bank chief said. The country’s external position remains strong with low foreign debt and high international reserves, Bank of Thailand governor Sethaput Suthiwartnarueput […]
Read MoreVietnam’s positive outlook rides on strong external demand, a recovery in domestic consumption, and healthy investment inflows. Vietnam’s economic prospects would remain bright with the GDP growth expected to expand at 6.3% in 2022 and 6.5% in 2023. This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit […]
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