Investment capital for the first phase of the construction of Long Thanh International Airport in the southern province of Dong Nai was high compared to other international airports, said the State Appraisal Council.
The International Monetary Fund (IMF) has projected that Cambodia will be the third-fastest growing economy in ASEAN next year and fastest growing economy in the region by 2025.
Prospects for regional and global economic development was one of the important contents discussed at the 23rd ASEAN Finance Ministers’ and Central Bank Governors’ Meeting Plus Three (AFMGM +3) which was held virtually on September 18.
Penang, Malaysia’s technology hub, is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia, said experts.
Vietnam might record high economic growth in the post-pandemic period thanks to the swiftness of structural reforms and trade facilitating measures and emerge as the perfect example for recovery, an Indian scholar has said.
In an article posted on securities newswire boerse-online.de on July 7, author Sven Heckle praised Vietnam’s achievements in the fight against COVID-19 and its economic prospects.
The Philippines’ gross domestic product (GDP) will likely shrink by 5.7-6.7 percent in the second quarter of 2020, much higher than the 0.2 percent contraction in the first quarter, according to Governor of the Bangko Sentral ng Pilipnas (BSP) Benjamin Diokno.
Cambodia collected 8,42 billion riel (about 2 billion USD) in national revenue in the first four months of 2020, up 10 percent against the same period last year.
The issuance of corporate bonds in Indonesia will likely decline this year as many companies shelve plans to seek funding because of unfavorable global economic conditions, analysts have said.
Resuming and developing socio-economic activities after COVID-19 is an urgent task for the country and people, said Prime Minister Nguyen Xuan Phuc at a regular cabinet meeting in Hanoi on May 5.
The Cambodian government is optimistic that the nation’s economy will see V-shaped growth in the wake of the COVID-19 pandemic, in contrast to the U-shaped scenario projected by economic experts.
The Deutsche Welle (DW) newswire on April 17 ran a story praising Vietnam’s successes in fighting COVID-19 with all of its power while the global economy is facing depression due to the pandemic.
The International Monetary Fund (IMF) has forecasted that Cambodia's Gross Domestic Product (GDP) will experience a negative growth of 1.7 percent in 2020 due to social distancing measures to contain the COVID-19 pandemic.
The International Monetary Fund (IMF) projected that Indonesia’s economic growth will remain in positive territory this year, albeit ever so slightly, as the coronavirus pandemic puts the global economy at risk of its worst recession since the Great Depression of 1930.
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