The headline consumer price index (CPI) declined 0.50% in August from a year earlier, a smaller than expected drop, according to Commerce Ministry data released on Thursday. The reading compared with a forecast fall of 0.65% in a Reuters poll of leading ecnomists, and July’s 0.98% decline. The core CPI index rose 0.30% from a […]
Read MorePETALING JAYA: After a sharp V-shaped rebound after the movement control order (MCO), the Malaysian manufacturing sector appears to have moved towards stabilisation. The country’s manufacturing Purchasing Managers’ Index (PMI) has continued to moderate over the past two months but contracted slightly in August. However, economists feel the PMI number of 49.3 in August was […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) contracted by nearly 26 percent to $2.38 billion in the first five months from $3.19 billion in the same period last year despite the strong recovery in May, according to the Bangko Sentral ng Pilipinas. The BSP attributed the lower inflow to the grim […]
Read MoreThe Hanoitimes – The fact that Vietnam is already a top trade partner with the EU despite not having an FTA in place highlights the opportunities that the EVFTA will create for Vietnamese seafood producers. As the EU – Vietnam Free Trade Agreement (EVFTA) has come into effect, Vietnamese seafood exports are perfectly placed to take […]
Read MoreAs a sign of Cambodia’s rapidly growing economy, the Kingdom is to get a consumer-protection group with the power to jail offenders, close businesses or correct misleading information. The government issued a sub-decree on the organisation and functions for the national committee, giving it powers to investigate both brick and mortar establishments and e-commerce. The […]
Read MoreThe government has ordered state-owned electricity company PLN to lower the electricity rates for all homes and certain businesses to boost the pandemic-hit economy amid low fuel prices. Under the order, PLN will cut its electricity rate, which is expressed in rupiah per kilowatt hour (Rp/KwH), by 1.5 percent. The price is down to Rp […]
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Thailand
