KUALA LUMPUR: Malaysia exports rose 2.2% to RM84.5bil in March, exceeding Bloomberg’s survey of a 2% increase, underpinned by higher exports of electrical and electronic (E&E) products and crude petroleum. The Statistics Department reported on Friday that E&E products, which accounted for 37.7% of total exports, increased by RM2.5bil (+8.7%) to RM31.8bil. Crude petroleum, which […]
Read MoreAfter a subdued spell, Thailand’s economy is gathering momentum. With rising exports and a recovery in domestic demand, the World Bank has forecast that economic growth will exceed 4% in 2018 for the first time since 2012. Relative to this modest upturn, the nation’s richest are enjoying a disproportionate wealth boom, spurred by stock market gains […]
Read MoreMANILA, Philippines — Inflation may have accelerated further to 4.5 percent in April due to higher prices of food, non-alcoholic beverages and “sin” products, the Department of Finance (DOF) said yesterday. In its latest economic bulletin, the DOF said inflation likely accelerated to 4.5 percent in April, higher than the 4.3 percent recorded in March […]
Read MoreAiming to enhance transparency in the real estate sector, the Cambodian Financial Intelligence Unit and the General Department of Cadastre and Geography on Wednesday signed an agreement on combatting terrorism financing and money laundering by enhancing the exchange of information. This is the tenth such agreement signed by Cafiu, a body of the National Bank […]
Read MoreThe Japan Bank for International Cooperation (JBIC) pledges to extend soft loans to finance Thailand’s 224.54-billion-baht high- speed railway linking three major airports and other infrastructure projects in the government’s highly touted Eastern Economic Corridor. Chief executive and executive managing director Tadashi Maeda met Prime Minister Prayut Chan-o-cha and Deputy Prime Minister Somkid Jatusripitak Thursday. Mr Somkid […]
Read MoreThe Energy and Mineral Resources Ministry has canceled its plan to introduce the domestic market obligation (DMO) policy on oil. The planned policy was intended to help state-owned oil and gas company Pertamina purchase oil for the domestic market according to the state budget’s assumption on Indonesian Crude Oil prices (ICP). The ministry’s oil and […]
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