Malaysia’s economy is likely to expand at a slower rate this year as the country gradually recovers from the policies and measures implemented during the lockdowns, said Prof. Geoffrey Williams from the Malaysia University of Science and Technology (MUST).
Digital transformation saw a remarkable progress last year, with awareness of this regard among State agencies, businesses and people significantly improving, according to Deputy Minister of Information and Telecommunications Nguyen Huy Dung.
Indonesia’s Financial Services Authority (OJK) has launched a green finance taxonomy – the guidelines for financiers wanting to invest in the country’s green economy.
The UK’s Standard Chartered Bank on January 21 estimated that the Philippines’ economic growth reached 5 percent in 2021 and will rise to 7.5 percent in 2022.
Vietnam remains an attractive destination for foreign investors, including those from Singapore, thanks to the Government’s concerted efforts and measures to improve business climate and the expansion of free trade agreements, according to Singaporean Ambassador to Vietnam Jaya Ratnam.
Ecological agriculture, modern rural areas and smart farmers are expected to be the three key factors helping agriculture secure its role as a firm pillar of the economy in 2022 and following years.
Indonesia’s ongoing transformations, including the switch to value-added economic activities, green energy development, and the digital economy, must continue despite the adverse impacts of COVID-19, Indonesian President Joko Widodo has said.
The COVID-19 pandemic might not end this year and business sectors could not fully recover, however, the situation will be more positive than 2021 thanks to the adaptation to ‘new normal’ conditions, said General Director Nguyen Thi Huong of the General Statistics Office (GSO).
The Mekong Delta is set to become a sustainable, dynamic and highly efficient agricultural economic hub of the country, the region and the world by 2030.
The Fourth Industrial Revolution is taking place around the world with a boom in digital technology, creating great opportunities for but also challenges to the development of each country, enterprise, and person.
The World Bank has predicted that Laos will see economic growth of 4.5 percent in 2022 and 4.8 percent in 2023 despite projected slower growth of the global economy, Vientiane Times reported.
Some foreign financial organisations have issued relatively positive predictions for Vietnam’s economy this year, with growth expected at 6.5 - 6.7 percent.
The southern industrial province of Binh Duong looks to get its COVID-stricken economy back on track this year, aiming for an increase of 8 – 8.3 percent of the Gross Regional Domestic Products (GRDP).
Green investment in the circular economic system will create 4.4 million new job opportunities in Indonesia by 2030, according to an official from the Indonesian Ministry of National Development Planning.
With a vibrant economic climate, Vietnam remains a strong candidate for investment from the Association of Southeast Asian Nations (ASEAN) and beyond, according to the Vietnam Briefing newswire.
The State Bank of Vietnam (SBV) and the State Treasury of Vietnam have injected hundreds of trillions of VND into the market through foreign currency purchases from commercial banks.
Singapore's economy grew 7.2 percent in 2021, rebounding from its worst recession caused by the COVID-19 pandemic since 1965, the Singaporean Ministry of Trade and Industry (MTI) reported on January 3.
Vietnam’s gross domestic product (GDP) in 2021 is estimated to expand by 2.58 percent from the previous year as the COVID-19 pandemic has imposed adverse impacts on all fields of the national economy.
Foreign investors maintain an optimistic outlook for Vietnam’s economic growth next year though the country suffered a challenging 2021 as it was hit hard by the pandemic, according to an article posted on the website Vietnam Briefing of Dezan Shira & Associates.
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