03:29 PM @ 22/12/2023
The Mastercard Economics Institute (MEI) has released its annual economic outlook for the coming year, outlining the bright spots and watchouts that will define global growth. According to Economic Outlook: Balancing Prices & Priorities, while there is no one-size-fits-all story for the Asia Pacific region, the macro picture is expected to be one of modest growth, largely on par with 2023 levels, as economies continue to stabilize and key drivers of growth, like exports and tourism, edge closer to pre-pandemic norms.SEE MORE04:46 PM @ 20/12/2023
Japan’s chemical shipments abroad in November fell by 6.5% year on year to yen (Y) 938.1bn, weighing on overall exports, which declined for the first time in three months on continued weak demand from China.SEE MORE04:39 PM @ 20/12/2023
The long downturn in global fertilizer prices could be coming to an end in the Americas in H1 2024 as the US and Brazil post strong planting seasons, according to the CEO for the Americas at fertilizer major EuroChem.SEE MORE04:22 PM @ 20/12/2023
Exports are one of the three important pillars of economic growth alongside investment and consumption, with these recording double-digit negative growth since the first quarter of the year, with a fall of up to 11.9% compared to the same period from last year.SEE MORE04:11 PM @ 20/12/2023
Vietnam enjoyed a trade surplus for the eighth consecutive year with US$26 billion over the past 11 months, three times higher than the figure recorded last year.SEE MORE
