The Minister of Public Works and Transport Ministry (MPWT) is urging companies to speed up the construction of a goods transit terminal at Cambodia’s Banteay Meanchey-Thai border gate, Stung Bot-Ban Nong Ian, to facilitate cross-border trade. Sun Chanthol, the MPWT’s minister, made the push while leading the ministry’s delegation to inspect the progress of the […]
Read MoreSingaporean business and investment in Vietnam has increased significantly over the decades, thus greatly contributing to strengthening economic bilateral ties. Jeffrey Wandly, vice president of the Singapore Business Association in Vietnam, talked about new Singaporean moves and how legal improvements reinforce the trend. A number of foreign investors have made a shift towards Vietnam. Have […]
Read MoreWe’re not out of the woods yet, says BSP chief MANILA, Philippines — The worst economic performance on record logged in the second quarter has forced monetary authorities and economists to further downgrade their year-end forecasts for the Philippines. While they believe the worst is over for the Philippine economy as gross domestic product (GDP) […]
Read MoreThe Hanoitimes – AMRO remains optimistic about the Vietnam’s outlook, thanks to the country’s effective anti-virus measures and favorable structural economy. Vietnam’s GDP growth for this year is predicted at 3.1% in 2020 and bounce back to 7% in next year, according to the ASEAN+3 Macroeconomic Research Office (AMRO), a regional macroeconomic surveillance organization in the […]
Read MoreIndonesia is the second most confident nation in Southeast Asia about reopening its tourism sector with 71 percent of Indonesians saying their country is well prepared, a recent survey shows. The result is part of a joint survey conducted by social research agency Blackbox Research, data provider Dynata and translation company Language Connect, titled Unravel Travel: […]
Read MoreMANILA, Philippines (UPDATE 3 1:03 p.m., Aug. 6) — The Philippines officially entered a recession in the second quarter, an expected economic collapse brought by the pandemic that has gone beyond government control with the country likely to become Southeast Asia’s coronavirus hotspot on Thursday. Gross domestic product (GDP) plummeted 16.5% year-on-year from April to June, sinking deeper […]
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Thailand
