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Malaysia: September CPI drops 1.4% on cheaper fuel

KUALA LUMPUR: Malaysia’s consumer price index fell 1.4% in September to 120.1 versus 121.8 in the same month of the preceding year due mainly to the downward pressure on fuel prices. Chief statistician Datuk Sri Mohd Uzir Mahdin said in a statement issued today that the segments contributing to the decrease were transport, housing, water, […]

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Philippines: Finance chief sees worse GDP slump

MANILA, Philippines — The government now expects a deeper economic contraction this year following the reimposition of strict lockdowns in Metro Manila and nearby provinces in August, the Department of Finance (DOF) said yesterday. In an online business forum, Finance Secretary Carlos Dominguez said the country’s gross domestic product (GDP) is projected to shrink by […]

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