RCEP signing hoped to boost Cambodia’s economic upturn World

RCEP signing hoped to boost Cambodia’s economic upturn

The November 15 signing of the long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s business sector.
Laos’ GDP forecast to contract by 2.5 percent: ADB World

Laos’ GDP forecast to contract by 2.5 percent: ADB

Economic expansion of Laos is forecast to contract this year for the first time since 1980s due to impacts of the COVID-19 pandemic, but the economy will recover in 2021, according to the Asian Development (ADB)’s recent report.
Vietnam’s GDP expands 7.02 percent in 2019 Business

Vietnam’s GDP expands 7.02 percent in 2019

Vietnam’s gross domestic product (GDP) increased 7.02 percent in 2019, marking the second straight year the economic growth rate topping 7 percent since 2011, according to the General Statistics Office (GSO).
Bank of Thailand upbeat about economic growth in Q3 World

Bank of Thailand upbeat about economic growth in Q3

Thailand’s economic growth in the third quarter is likely to improve from the second quarter’s reading, mainly thanks to positive tourism growth and the government’s economic stimulus measures, according to the Bank of Thailand.