The Hanoitimes – Core inflation in November picked up 0.11% month-on-month, resulting in an increase of 1.72% year-on-year on average in the January – November period. Vietnam’s consumer price index (CPI), a gauge of inflation, saw a decline of 0.29% in November against the previous month, but is still up 3.46% year-on-year, according to the General […]
Read MoreSINGAPORE – Bank lending in Singapore rose in October from a month ago, reversing from a slight contraction in September, preliminary data from the Monetary Authority of Singapore showed on Friday (Nov 30). Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – stood at $672 […]
Read MoreThailand’s unemployment rate continued to improve in the third quarter, thanks to a growing economy and a recovering farm sector. The National Economic and Social Development Board (NESDB) reported yesterday that the unemployment rate was 0.96% of the total workforce, or 373,000 people. That was lower than in the same period last year, which saw a […]
Read MorePresident Joko “Jokowi” Widodo has decided to heed the call of businesspeople to maintain restriction on foreign investments in several sectors out of concern that liberalizing them may harm small and medium enterprises (SME), an official has said. Five business sectors, which were set to be freed from partnerships with local SMEs, would be maintained […]
Read MoreMANILA, Philippines — Inflation may ease this month from a near-decade high of 6.7 percent in October due to the sharp decline in oil prices, improving supply of rice and other commodities, and the strong rebound of the peso, according to the Bangko Sentral ng Pilipinas (BSP). The central bank’s Department of Economic Research (DER) said inflation in November may range between 5.8 […]
Read MoreBrushing aside worries about protectionism, Southeast Asian businesses have the most bullish trade outlook in the world, a new HSBC report has found. Expecting more production to swing Asean’s way, businesses are pivoting investment into supply chain technology to turn global trade tensions from a headwind into a tailwind. The findings come from the HSBC […]
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