Domestic car sales in Thailand fell 3.2% in November from a year after a 13% fall in the previous month, thanks to the country’s broader reopening and government support measures, the Federation of Thai Industries (FTI) said on Tuesday. In November, car sales were 71,716 vehicles, the highest in eight months, and 668,520 cars in […]
Read MoreMANILA, Philippines — Foreign currency withdrawals of the national government to pay off old debts and various expenses sent the country’s external position back into a dollar deficit in November. What’s new The country’s balance of payments (BOP) posted a $123 million deficit in November, reversing a $1.1 billion surplus recorded in October, the Bangko […]
Read MoreBarring any major disruptions such as those from the Omicron variant, Vietnam is likely to move towards a more “normal” economic expansion of 7.4% in 2022. With Vietnam’s GDP growth in the fourth quarter set to rebound to 7% year-on-year, the country’s 2021 full-year economic expansion may go up to 3%, according to Singapore-based United […]
Read MoreEncouraging inclusive economy as well as economy and finance that support national economic recovery are the themes behind BI-Fast’s unveiling. Jakarta (ANTARA) – Bank Indonesia (BI), on Tuesday, officially unveiled a retail payment system infrastructure called BI-Fast that is accessible round the clock. During the online event to unveil BI-Fast on Tuesday, BI’s Governor Perry […]
Read MoreMilled rice exports will recover in 2022 after dropping this year, according to the Cambodia Rice Federation. Cambodia exported 530,000 metric tonnes (mT) of milled rice in the year through November and the federation is forecasting 630,000 mT for the whole of 2021. That compares with a total of 690,000 mT last year, which would […]
Read MoreKUALA LUMPUR, Dec 21 — A strengthened focus on policy options will help Malaysia stay afloat and gradual easing of fiscal pressures will help to put the economy back on track for a greater economic prospect in 2022 as the nation emerged from year-long rollercoaster ride, the World Bank said. The World Bank Group lead […]
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