SINGAPORE (BLOOMBERG) – Singapore’s top central banker has said the monetary authority is watching for signs of accelerating inflation and is ready to act, underscoring how policymakers globally are refocusing attention on rising prices after their extraordinary efforts to weather the pandemic. “Overall, I would say the balance of risk has shifted towards inflation,” Mr […]
Read MoreThe request for a registration tax cut, if approved, will mostly benefit luxury car buyers. The Vehicles Importers Vietnam Association (VIVA) has sent a document to the Prime Minister and National Assembly on suggestions about the regulation on vehicle registration tax after hearing that the Government may, for the second time, ease the car registration […]
Read MoreIn the first 10 months of this year the Lao government has collected 20.436 trillion kip ($2.0 billion) in contributions to the state budget, equal to 74 per cent of the revised target figure of 27.629 trillion kip approved by the National Assembly (NA). Based on the amount collected so far, the Ministry of Finance […]
Read MoreSome 4,221,153 tonnes of agricultural products, besides milled rice and paddy rice, have been exported to foreign markets during the first ten months of this year, despite the global COVID-19 crisis. The figure represents an increase by 47.72 percent compared to the same period in 2020, pointed out a recent report from the Ministry of […]
Read MoreMANILA, Philippines — Local factories managed to temper a persistent drop in output in October, marking an improvement in manufacturing conditions that could have been stronger if not for material shortages that’s hampering production. A monthly survey of around 400 companies showed the Philippines’ purchasing managers’ index (PMI), a measure of factory output, rose to […]
Read MoreSINGAPORE – The manufacturing sector has continued to expand even though cost pressures are intensifying for local companies, in particular, those in the electronics sector. Overall, the manufacturing sector has now recorded 16 months of consecutive growth, according to data from the Singapore Institute of Purchasing and Materials Management (SIPMM) that was released on Tuesday […]
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Thailand
