Japan’s April-June GDP grew at an annual rate of 2.2%
International Business News – Japan’s Cabinet Office released the April-June flash GDP report on August 15, showing that the real seasonally adjusted value excluding the impact of price changes increased by 0.5% from the previous quarter, or an annualized growth…
Record level of foreign investment in Malaysia in Q2 2022
International Business News – The Department of Statistics Malaysia (DOSM) has announced that foreign direct investment (FDI) inflows into Malaysia increased by RM24.1 billion to a record RM836.2 billion in the second quarter of 2022 (from RM812.1 billion in the…
Kazakhstan’s trade with China reaches $11.26 billion
International Business News – According to Kazakhstan Capital Network News, Kazakhstan’s trade volume with China in the first six months of 2022 will reach 11.26 billion US dollars, an increase of 36.2% over the same period last year, and triple…
Vietnam promotes cross-industry cluster development of marine economy
International Business News – In order to promote the rapid and sustainable development of the marine economy cross-industry cluster, and strive to create a strong marine economic center by 2030, Vietnam has formulated a national marine space plan to provide…
Rapid economic recovery in Vietnam and Southeast Asian countries
International Business News – The COVID-19 outbreak and the Russian-Ukrainian conflict come at a time when Southeast Asian countries are playing a bigger role in global production lines and supply chains. However, rising inflationary pressures could weigh on trade activity…
Singapore’s economy grows 4.4% year-on-year in the second quarter
International Business News – Singapore’s Ministry of Trade and Industry released the second quarter economic survey on August 11. Data show that Singapore’s economy grew 4.4% year-on-year in the second quarter of this year, after seasonal adjustment, down 0.2% from…
Vietnam’s industrial zones and economic zones attract over $100 billion in investment
International Business News – Vietnamese media reported on August 10 that the Ministry of Planning and Investment is currently working on a draft government resolution on measures to improve the development effectiveness of industrial zones and economic zones. The ministry…
Saudi economy is growing at an unprecedented rate
International Business News – In Dave Eggers’ novel “The King’s Hologram,” the protagonist waits day after day in a desert camp in Saudi Arabia for the king to come and approve his infrastructure project, which aims to build a new…
Tourism aids Thailand’s economic recovery
International Business News – The World Bank recently forecast that the Thai economy will grow by 2.9% in 2022. Thailand’s Ministry of Finance’s Fiscal Policy Office maintained its forecast for economic growth this year at 3.5 %. Analysts at Fitch…
BSP: Philippine economy on track for 9% growth in second quarter
International Business News – According to Philippine media reports recently, Philippine Central Bank Governor Mandela said that the Philippine economy may grow by 9% in the second quarter, but the domestic economic growth in the Philippines is expected to slow…