After growing by a better-than-expected 6.8 percent in 2012 and by a whopping 7.6 percent in the first half of 2013, the Philippine economy is now the fastest growing among the five largest economies in the Association of Southeast Asian Nations or ASEAN 5. The National Statistical ...
At present, ASEAN has become the fastest growing region of China's textile and clothing exports to the world. In 2010, when the China ASEAN free trade area was established, China's textile and clothing exports to ASEAN increased to 14 billion 810 million US dollars, achieving an annual growt...
VIENTIANE, July 13 (Xinhua) -- Lao economy is set to remain one of the fastest growing in the region in coming years as long as the global economic recovery remains on track, local daily Vientiane Times reported Thursday. The World Bank projected the Lao economy to expand at around 7 perc...
“Our sights are on the digitalization industry. We are bringing in the glocalization experience, and driving the digital economy through cutting-edge technology adoption. Huawei Cloud is dedicated to creating a new base for the smart world in Singapore through continuous technological innovations and ...
HANOI, Oct. 7 (Xinhua) -- Vietnam’s digital economy is the second fastest-growing market in Southeast Asia, according to a recent report by Google, Temasek and the U.S.-based global management consultancy Bain. The internet economy of Vietnam is estimated to reach a value of 12 billion...
Major multinational automakers, including Volkswagen Group, Ford Motor, and Stellantis, reported disappointing third-quarter sales in China as the country’s fast-growing electric vehicle market continued to favor local brands. Volkswagen sold about 2.1 million cars in China in the first nine months ...
Immerse Yourself in the Digital Economy ATxSG 2023 presents a unique platform to delve into the emerging trends and challenges shaping the digital economy. Utilising Singapore’s advantageous position as the portal to the fastest-growing digital markets, the event fosters distinctive dialogues at...
Southeast Asia’s smartphone shipment volumes declined 2% YoY but increased 3% QoQ in Q3 2023, signaling a recovery in the region’s smartphone demand. The fastest-growing brands were TECNO (148%), Infinix (42%) and Apple (19%). All three Transsion brands collectively grew by 62...
Meanwhile, in January 1st of this year, after the completion of the China ASEAN Free Trade Area, Chengdu women's shoes vigorously expanded the ASEAN market.In a short period of six months, the export of Sichuan shoes to ASEAN increased by 71% compared with the same period last year, and...