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Thailand to roll out more populist policies this year: PM

Thailand to roll out more populist policies this year: PM

Thai Prime Minister Srettha Thavisin said on Monday his government will be rolling out more policies by the year's end to lower living costs, including gradually reducing electricity prices and raising the minimum daily wage.
Weak external demand slowed Vietnam's H1 GDP growth: UOB

Weak external demand slowed Vietnam's H1 GDP growth: UOB

Suan Teck Kin, UOB's Head of Research, predicted that H2's external demand is likely to stay soft and might recover thanks to the launch of new electronic products.
September 5, 2023 | 09:30 pm PT
Vietnam’s economic growth projected to rebound from 2024

Vietnam’s economic growth projected to rebound from 2024

Vietnam’s economic growth is likely to rebound in 2024 and 2025, according to Dorsati Madani, Senior Economist at the World Bank (WB).
August 14, 2023 | 01:43 am PT
China's economy facing 'new difficulties' as post-Covid recovery loses steam

China's economy facing 'new difficulties' as post-Covid recovery loses steam

China's top leaders said the Chinese economy was facing "new difficulties and challenges" in a meeting of the 24-person Politburo on Monday.
July 24, 2023 | 05:11 pm PT
'Artificially high' growth predicted for China in Q2: survey

'Artificially high' growth predicted for China in Q2: survey

China's economic growth is expected to have surged in the second quarter, an AFP survey has forecast, but analysts say Monday's figures will be misleadingly inflated given the low base of comparison with pandemic-wracked 2022.
July 14, 2023 | 06:08 pm PT
Vietnam faces challenges in hitting growth targets

Vietnam faces challenges in hitting growth targets

The country is facing stiff obstacles in achieving growth targets of 6-6.5% this year due to a low base in the first half, the Minister of Planning and Investment said Tuesday.
July 4, 2023 | 01:22 am PT
Cooperation needed against global headwinds, Vietnamese PM tells world leaders

Cooperation needed against global headwinds, Vietnamese PM tells world leaders

Major headwinds are stalling the global economy and increasing international cooperation and multilateralism are key solutions, Vietnam’s Prime Minister Pham Minh Chinh told world leaders.
June 27, 2023 | 06:49 am PT
Vietnam cuts interest rates again to spur growth

Vietnam cuts interest rates again to spur growth

Vietnam’s central bank said on Friday it was cutting its key interest rates by 50 basis points, its fourth policy rates adjustment this year, to support slowing economic growth amid global uncertainties.
June 15, 2023 | 10:46 pm PT
Online exports expected to be economic growth driver

Online exports expected to be economic growth driver

Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.
June 12, 2023 | 08:54 pm PT
Thailand's growth beats forecast

Thailand's growth beats forecast

Thailand's economy expanded faster than expected in the first quarter due to a recovery in tourism, data showed on Monday, while investors braced for political uncertainty after the opposition secured a stunning election victory on Sunday.
May 15, 2023 | 08:24 pm PT
Indonesia Q1 GDP beats forecasts on consumer, govt spending

Indonesia Q1 GDP beats forecasts on consumer, govt spending

Indonesia's economic growth held steady in the first quarter, as improving consumption and government spending offset a slowdown in exports and investment in Southeast Asia's largest economy.
May 5, 2023 | 12:19 am PT
China's reopening brightens developing Asia's 2023 growth outlook: ADB

China's reopening brightens developing Asia's 2023 growth outlook: ADB

Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks from global banking turmoil could weigh on the outlook, the Asian Development Bank (ADB) said on Tuesday.
April 3, 2023 | 06:06 pm PT
Central bank to cut deposit interest rate ceiling from Monday

Central bank to cut deposit interest rate ceiling from Monday

The central bank on Friday said it would cut caps on interest rates of dong-denominated deposits from April 3, by 0.5 percentage points to between 0.5% and 6.0% depending on maturities.
March 31, 2023 | 06:29 am PT
World Bank maintains Thailand's 2023 growth outlook at 3.6%

World Bank maintains Thailand's 2023 growth outlook at 3.6%

Thailand's economy is expected to grow by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and strong pent-up demand following China's reopening, the World Bank said on Friday.
March 30, 2023 | 11:05 pm PT
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