KUALA LUMPUR: The Producer Price Index (PPI) for local production surged 13.2 per cent year-on-year (y-o-y) in October 2021 to hit a new record high, mainly due to higher commodity prices, said the Department of Statistics Malaysia. The index, which measures the costs of goods at ex-factory prices in the local economy and indicates the […]
Read MoreThe Bank of Thailand has been closely monitoring the Covid-19 Omicron variant and could revise the country’s economic growth rate this month in line with a recovery trend. While the central bank has been watching the new variant, it said it will need time to gather enough information for a full analysis of its effects. […]
Read MoreMANILA, Philippines — Inflation likely eased back to within the two to four percent target of the central bank for the first time this year, averaging 3.7 percent in November, according to Bangko Sentral ng Pilipinas Governor Benjamin Diokno. Diokno said the BSP sees inflation settling within 3.3 to 4.1 percent in November after averaging […]
Read MoreCambodia has urged Indonesia to resume direct flight connection with Cambodia to facilitate mutual vaccination tourism movement in the near future. Sok Sangvar, Undersecretary of State at the Ministry of Tourism who represented Tourism Minister at a Famtrip themed “Exploring the Land of Sunda” at the Embassy of Indonesia to Phnom Penh last weekend, expressed […]
Read MoreHÀ NỘI — Việt Nam’s foreign trade surged 22.3 per cent year-on-year in the first 11 months of this year to exceed US$599.1 billion, according to the General Statistics Office (GSO). The figure reached $59.7 billion in November, up 8.5 per cent month-on-month and 19.7 per cent year-on-year, the GSO announced on November 29. The […]
Read MoreThe spread of new Covid-19 variant Omicron brings a fresh concern to automakers as they open Thailand International Motor Expo on Wednesday, hoping to promote the electric vehicle (EV) era in the country. If Omicron is identified as a virulent strain, it will affect the automotive industry and overall economy, said Takeshi Kasahara, vice-president of […]
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