ASEAN News

October 25, 2021

Singapore: Economists raise inflation forecasts after Sep core, headline inflation rates surprise on upside

SINGAPORE’S core and headline inflation rates edged up marginally in September, surprising private-sector economists who had expected them to hold steady, and prompting some to revise inflation forecasts upwards. While the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) maintained their inflation forecasts for 2021 and 2022, their outlook has […]

October 25, 2021

Vietnam’s aquatic product exports projected to reach US$8.4 billion

Vietnam’s aquatic product exports are forecast to rake in 8.4 billion USD this year, equivalent to the figure in 2020, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The association said there is large room for seafood exports, but the sector has faced many difficulties caused by the COVID-19 pandemic over the […]

October 25, 2021

Destination Mekong Summit discusses a sustainable tourism

Tourism experts from the Mekong region have been meeting online to discuss how to rebuild the industry as the Coronavirus pandemic eases in Asia. The six countries bordering the Mekong River are Cambodia, Vietnam, Thailand, Laos, Myanmar and China. The meeting came as China cancelled hundreds of flights to try to stamp out a Covid-19 […]

October 25, 2021

‘Philippines to lead ASEAN growth in 2022’

MANILA, Philippines — Economic recovery for Southeast Asia is expected to be more pronounced next year, as the region learns to live with COVID, with the Philippines expected to post the strongest rebound. In its weekly economic preview, market intelligence firm IHS Markit said the economic scenario for 2022 continues to be positive for ASEAN […]

October 25, 2021

Thailand: Cigarette importers warned

The Excise Department has the authority to not approve cigarette importers from setting the product at an unusually low retail price, according to a department source. The source added that under the current tax structure for cigarettes, which took effect on October 1, retail prices of cigarettes are expected to increase. The current two-tier structure […]

October 25, 2021

Singapore: No vax, no hire; employers can also terminate unvaccinated workers as last resort

EMPLOYEES who refuse to disclose their Covid-19 vaccination status can be treated as unvaccinated, and companies can terminate workers who do not comply with their workforce vaccination measures as a last resort, according to an advisory by the Ministry of Manpower (MOM). Employers can also impose a vaccination requirement upfront when hiring new staff for […]

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

Contact Us