Thailand sees bright future for electric vehicle market in 2023

Thailand sees bright future for electric vehicle market in 2023

Thailand's electric vehicle (EV) market will continue to gain momentum in 2023, with sales expected to reach between 25,000 and 35,000 units, according to the Federation of Thai Industries (FTI).
Floods in Philippines leave 51 dead

Floods in Philippines leave 51 dead

The death toll from floods in the Philippines last week has risen to 51, the Philippine government said on December 3, adding that over 33,000 people still remained in temporary shelters.
Malaysian Government urged to tighten COVID-19 control measures

Malaysian Government urged to tighten COVID-19 control measures

The Malaysian Government has been urged to tighten COVID-19 control measures to prevent a possible large-scale spread of the disease when the country welcomes tourists from China.
Laos has new Prime Minister

Laos has new Prime Minister

The Lao National Assembly (NA) on December 30 voted to approve the nomination of Deputy Prime Minister Sonexay Siphandone as the new Prime Minister, replacing Phankham Viphavanh.
Mastercard reveals Economic Outlook 2023

Mastercard reveals Economic Outlook 2023

The Mastercard Economics Institute has released its annual forecast for the coming year, which shows how a new multi-speed global economy will impact growth and consumer spending.
Thailand to cut subsidy for domestic tourism

Thailand to cut subsidy for domestic tourism

The subsidy scheme for domestic tourists might be reduced to 500,000 rooms from 1.5 million after the Thai cabinet this week cut the proposed budget of 8.7 billion baht (nearly 250 million USD) by half, according to the Tourism Authority of Thailand (TAT).
Vietnam in line to benefit as EU-ASEAN deal inches closer

Vietnam in line to benefit as EU-ASEAN deal inches closer

As the EU and ASEAN are mulling over materialising a plan for a free trade agreement, Vietnam is closely working with the EU to further bilateral economic cooperation with the entry into force of both sides’ same deal acting as a key driver.
Free trade upgrade to bolster reach of ASEAN connections

Free trade upgrade to bolster reach of ASEAN connections

Vietnam is set to have opportunities to expand its trade and investment ties with Australia and New Zealand on the back of a new version of a multilateral free trade agreement between ASEAN and these two economies.
China launches WTO dispute over US chip sanctions

China launches WTO dispute over US chip sanctions

China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said in a statement late Monday, accusing Washington of threatening global supply chains.
EVFTA gains begin to blossom for Vietnam

EVFTA gains begin to blossom for Vietnam

Vietnam and the EU, home to a market of nearly 450 million people, are witnessing a rise in their trade and investment cooperation fuelled by a bilateral free trade pact, which is offering a slew of benefits since it was established a couple of years ago.
ASEAN industrial progress on track

ASEAN industrial progress on track

Vietnam’s industrial performance has been on an uptrend, with strong economic projections for the region as a whole and performance bouncing back.
Biden, Macron pledge US-French alliance on Ukraine, democracy

Biden, Macron pledge US-French alliance on Ukraine, democracy

US President Joe Biden and French President Emmanuel Macron emerged from White House talks Thursday pledging to close ranks in helping Ukraine and pressuring Russia's Vladimir Putin to make peace.
Uganda leads African charge into Vietnam

Uganda leads African charge into Vietnam

Ugandan President Yoweri Kaguta Museveni’s official visit to Vietnam last week marked a major milestone in bilateral cooperation since the two countries forged their diplomatic ties in 1973, with both planning to expand trade and investment, including agricultural development.
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