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The ASEAN (Association of Southeast Asian Nations) country is projected to grow 6.9 percent for the year 2018 by the National Bank of Cambodia (NBC), due to its growth in the AEC (ASEAN Economic Community) country’s tourism, garment, and construction sector.
With future food being one of the food trends on the rise, the National Food Institute (NFI) launched a project in 2017 aiming to bolster the Thai food industry
With an upturn for most of the ASEAN economies in 2017, the region is expected to see most of its top six economies maintaining this progress in 2018.
For the third year in a row, Brunei Darussalam has been named as the world’s most improved economy, placing the Brunei economy at rank 56 out of 190 economies.
Despite e commerce Indonesia currently ranked as Asia's fifth largest e commerce market, it has the potential to become the third largest market in the world.
Under the ADB initiative to increase Asia trade, ADB has approved a $70 million loan to be used for developing Cambodia's transportation infrastructure system.
The Rice export sector is growing in the Myanmar Economy with 1.5 million tons of rice exported between June and October 2017, gaining a revenue of $445 million
Despite the ASEAN integration trade agreement, only 96% of the custom tariff have been eliminated, as CLMV countries have only eliminated 90.9% of their tax.
World Bank has revised 2017's economic growth for Thailand at 3.5%, in addition to the change in 2017’s export growth by the Thai Commerce Ministry to 6-6.5%.
Singapore economy experiences an increase in non-oil domestic exports (Nodx) in August, with non-oil Singapore exports increasing by 17% year-over-year growth.
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