RESULTS
On Thursday (2 March 2023), Tim Leelahaphan, Standard Chartered’s economist for Thailand and Vietnam, stated that Vietnam would remain an important link in the global supply chains and remained a favoured destination by many businesses.
Thailand’s National Economic and Social Development Council (NESDC) stated on Thursday (2 March 2023) that the country’s unemployment rate in the fourth quarter of 2022 had declined from 1.23% to 1.15%, as the tourism sector recovers.
The Malaysian banking sector could witness some deterioration in asset quality in the upcoming months, with the country’s gross impaired loan (GIL) ratio anticipated to increase moderately amidst the challenging economic background.
