Consumer confidence picked up for the second straight month in October, hitting a five-month high, while business sentiment rose for the first time in seven months, boosted by a drop in new Covid-19 infections, the easing of the lockdown restrictions, and the country’s reopening to fully vaccinated foreign tourists this week. The University of the […]
Read MoreJAKARTA (REUTERS) – Indonesia’s economic growth slowed more than expected in the third quarter as restrictions to control a deadly wave of Covid-19 weighed on activity, although recent data suggests growth may be getting back on track in the current quarter. South-east Asia’s largest economy grew 3.51 per cent in the July-to-September quarter, from the […]
Read MoreSINGAPORE’S retail sales rose 6.6 per cent year on year in September 2021, reversing the fall in August, following a strong showing from the computer and telecommunications industry, according to data from the Department of Statistics Singapore (SingStat) on Friday (Nov 5). The computer and telecommunications industry recorded higher sales of mobile phones due to new […]
Read MoreJAKARTA – The Association of Southeast Asian Nations (ASEAN) Secretariat on Wednesday announced that the Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest trade deal so far, would enter into force on Jan. 1, 2022. The Secretariat has received instruments of ratification from six ASEAN countries, namely Brunei Darussalam, Cambodia, Laos, Singapore, Thailand, and Vietnam, […]
Read MoreThis will be Vietnam’s largest online store of the Japanese retailer. The Japanese global fashion retailer’s UNIQLO.com online store officially opened on November 5 with more than 15,000 LifeWear items for Vietnamese men, women, and kids. The opening of the largest store was held online and introduced on both website and mobile application. Previously, the […]
Read MoreMANILA, Philippines – Inflation cooled in October as food prices eased as the economy begins a long-winding process of recovering from a historic economic meltdown. Data from the Philippine Statistics Authority found that inflation slowed to 4.6% year-on-year in the previous month. This was lower than the 4.8% rate measured in September. Inflation, as measured […]
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Thailand
