UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting comment on the latest inflation figures in the Malaysian economy. Key Takeaways “Headline inflation reversed course and edged up to 2.2% y/y in Sep after easing for four straight consecutive months to a 5-month low of 2.0% y/y in Aug. The reading also came […]
Read MoreSINGAPORE’S factory sector broke a 10-month winning streak in September, sinking into negative territory on deep contraction in the volatile biomedical segment. Industrial production shrank by 3.4 per cent year on year, reversing its growth of 11 per cent in August, according to figures released by the Economic Development Board (EDB) on Tuesday (Oct 26). […]
Read MoreMANILA, Philippines — The pandemic wiped out $43 billion (P2.2 trillion) in Philippine economic output last year, with the impact of the health crisis expected to be felt until the medium term, according to Tokyo-based think tank Japan Center for Economic Research (JCER). In a report, JCER said the 15 major economies in Asia lost […]
Read MoreThe Commerce Ministry’s Internal Trade Department is keeping a close watch on the prices of essential and agricultural products for the remainder of the year as floods are affecting parts of the country and energy prices are rising. Wattanasak Sur-iam, the department’s director-general, said products under the department’s focus include consumer products for daily use, […]
Read MoreEconomic experts say that for over 30 years of development, Vietnam has not yet built a strong team of private enterprises which play the role of a “launch pad” for the country’s economic development. The report on “Strengthening the private sector’s capacity in the new period” published recently by the Central Institute for Economic Management […]
Read MoreTEMPO.CO, Jakarta – The Ministry of Manpower is preparing several attempts regarding the decision of PT Hero Supermarket Tbk. to close all of its Giant outlets. One of them is by preparing facilities to help thousands of Giant supermarket employees that, reportedly, would be laid off based on the company’s decision. “To join re-skilling training at our vocational training centers (BLK),” said the ministry’s […]
Read More
Thailand
