UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting review the latest inflation figures in the Malaysian economy. Key Quotes “Headline inflation jumped to 1.7% y/y in Mar (from +0.1% y/y in Feb), slightly higher than our estimate (1.5%) and Bloomberg consensus (1.6%). It also marked the highest rate in nearly three years, […]
Read MoreThe Singapore-Hong Kong Air Travel Bubble (ATB) is set to launch on May 26 — barring any deterioration of the Covid-19 pandemic situation in both cities — and Singapore is open to more air travel bubbles with other regions, said Minister for Transport Ong Ye Kung today (April 26) during a doorstop interview. Moving forward, […]
Read MoreThe value of Thai food exports is expected to increase by 5-7% this year to 1 trillion baht as a global Covid-19 vaccination drive continues, says the Federation of Thai Industries’ (FTI) food processing industry club. Export value stood at 981 billion baht last year after the pandemic forced countries to impose strict lockdown measures. […]
Read MoreMANILA, Philippines — Economists of private banks expect inflation to breach the upper end of the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP) for this year amid supply disruptions and rising global crude oil prices. Zeno Ronald Abenoja, managing director of the BSP’s Department of Economic Research (DER), said […]
Read MoreSINGAPORE – The Republic’s factory output expanded for the fifth straight month in March, data released on Monday (April 26) by the Economic Development Board (EDB) show. Manufacturing production in March increased 7.6 per cent from a year ago, though on a seasonally adjusted month-on-month basis, output decreased 1.7 per cent. Excluding biomedical manufacturing, March […]
Read MoreBilateral trade between Cambodia and Thailand continued to contract amid the efforts of both governments battling to overcome the COVID-19 pandemic and return social and economic development to normal. Figures from Thailand’s Ministry of Commerce showed that From January to March this year Cambodia exported $330 million of goods to its neighbour, a 48.9 percent […]
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