malay01
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Malaysia: Low production to support CPO prices

PETALING JAYA: Malaysia’s crude palm oil (CPO) production may have dropped further in November due to heavier-than-usual rainfall caused by La Nina, worker shortage and seasonality factors. The lower output, which in turn leads to a decline in Malaysia’s palm oil stocks, is expected to support CPO prices moving forward. After a 7.8% month-on-month (m-o-m) […]

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phil02
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Philippines: Construction works fall 66% in Q2

MANILA, Philippines — Building activity fell by 65.5 percent annually in the second quarter of the year, the height of pandemic-control lockdowns, the Philippine Statistics Authority (PSA) reported. Based on the PSA’s Construction Statistics from Approved Building Permits: Second Quarter report, the number of construction projects during the period declined to 16,004 from 46,453 projects […]

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th02
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Thailand: Sentiment index sees 9-month high

Consumer sentiment rose to a nine-month high in November, mainly driven by higher consumption thanks to the government’s co-payment scheme that subsidises 50% of food and goods purchased at small shops, and the Shop and Payback tax rebate scheme. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index rose […]

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