The National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic recovery. In its forex intervention, the central bank sold $20 […]
Read MoreWe support recovery of the tourism and creative economy sectors in two ways Jakarta (ANTARA) – A top official of the Indonesian Ministry of Communication and Informatics pointed to two strategies to expedite recovery of the tourism and creative economy sectors amid the COVID-19 pandemic. “We support recovery of the tourism and creative economy sectors […]
Read MoreVietnam is taking final steps and scheduled to complete the ratification of the Regional Comprehensive Economic Partnership (RCEP) by November this year. So said Deputy Minister of Industry and Trade Tran Quoc Khanh during an interview granted to the Vietnam News Agency on the sidelines of a recent economic ministers’ consultation between ASEAN and dialogue […]
Read MoreIn the second quarter (Q2) of 2021, the performance of the retail sales index (RSI) in Brunei Darussalam continued to show a year-on-year (y-o-y) increase of 9.9 per cent with an estimated retail sales value of BND464.5 million. The food and beverages services index (F&BSI) also increased by 28.8 per cent, compared to Q2 2020 […]
Read MoreUOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assess the latest inflation figures in the Malaysian economy. Key Takeaways “Headline inflation eased further to a 5-month low of 2.0% y/y in Aug (Jul: +2.2% y/y). This came in lower than our estimate (2.1%) and Bloomberg consensus (2.2%). It was a broad-based moderation, […]
Read MoreThe economy is still expected to grow 1.3% this year and the government is maintaining a target of 4-5% growth next year as it makes a push to revive a struggling economy through support measures, the finance minister said on Monday. The country’s worst coronavirus outbreak to date led to tougher restrictions imposed in July […]
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Thailand
