China’s reopening lifts Thai export sector but recovery is fragile: experts
Thai exports of durians, among others would be affected if Beijing reimposes lockdown measures, the Trade Policy and Strategy Officer director stated.
Economy
Move towards market-based exchange rate by FY23-end: Bangladesh Bank
However, in a desperate attempt at collecting the greenback to meet immediate requirements, a good number of banks are ignoring the directives.
China’s economic rebound expected to gain speed
After announcing the optimisation of Covid-19 control measures, China has seen major international organisations, among others raise their forecasts.
Cambodian economy grows by 5.1% in 2022: NBC
They added that foreign direct investment inflows increased by four per cent, “mainly due to the garment and food processing sectors".
Cost of textbooks for primary, secondary students rise by up to 7% as price freeze ends
The increase in textbook prices comes amid an overall rise in the cost of living in Singapore.
Indonesia adjusts foreign tourist targets over global recession risk
Ministry data shows that there were 4.58 million foreign tourist visits to the country from Jan to Nov 2022, a 228.30 per cent increase from the same period the year before.
World Bank sees 4.3% growth for China in 2023
The World Bank predicted gross domestic product expansion is set to slow in all major economies and regions except China.
Cambodian economy grows by 5.1% in 2022: National Bank of Cambodia
The Jan 11 report added that the average year-on-year inflation rate in 2022 stood at 5.3 per cent, compared to 2.9 per cent a year earlier, citing elevated fuel and food…
Spring Festival expected to stimulate consumption boom
Offline consumption has resumed after Beijing declared that the epidemic had passed its peak of infection in early January of this year.
Egg prices go up in Malaysia even as supply stabilises
It has been nearly four weeks since Malaysia started importing eggs to make up for the shortfall it has been facing for several months.