Indonesia is projected to post robust growth throughout the outlook period, though easing a little as the commodity boom loses steam: The economy is projected to grow 5 percent in 2023 before easing slightly to an average of 4.9 percent in 2024-2026, reflecting softer terms of trade and a normalization toward trend growth.
Vietnamese food and beverages showcased at an ongoing fair in Malaysia’s Penang state has drawn attention of visitors.
Cambodia stands at the forefront of foreign direct investment (FDI) in Southeast Asia, anticipating a robust influx of capital in 2024, buoyed by a solid economic recovery.
Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vandy, on the occasion of an official visit to Vietnam by Cambodian Prime Minister Hun Manet.
The country’s trade deficit is expected to have narrowed in October compared to the previous month due to the likelihood of a more significant drop in exports, while imports are seen to have registered a smaller decline, according to the United Kingdom-based think tank Pantheon Macroeconomics.
Agriculture sector remains one of the economic drivers of Cambodia’s economic growth despite its share of the country’s gross domestic product (GDP) has shrunk.
Cambodia exported $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2 percent from 20.24 billion dollars year on year, said a General Department of Customs and Excise’s report released on Tuesday.
The Bank of Thailand (BoT) anticipates an export revival in the coming year, as revealed in a recent statement. The Bank also projects low inflation rates for the same period, attributing it to government subsidies, albeit with a gradual increase within an acceptable range.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
