What shifting supply chains for semiconductors mean for Emerging markets in South-East Asia
The manufacturing of semiconductors is dominated by three countries – China, South Korea and Taiwan – which accounted for 87% of the global market in 2021.
Domestic demand and tourism key drivers for CLMV economic recovery
SCB EIC expects stronger CLMV economic growth in 2023, despite a global economic slowdown, yet remains below its pre-pandemic potential
Domestic demand and tourism will be key drivers for CLMV economic recovery in 2023.
Finance Ministry Maintains 2023 GDP Growth Outlook at 3.8%
The Ministry of Finance is maintaining its economic growth outlook for 2023 at 3.8%, helped by a rebound in tourism and domestic demand, but exports are still expected to slow down this year.
Thailand Opens Digital Free Trade Hub in partnership with Alibaba
The launch of the digital free trade hub is part of Thailand’s efforts to position itself as one of Southeast Asia’s key logistics centers for trade and e-commerce.
