KUALA LUMPUR: Malaysia’s services and manufacturing growth, the big factor behind the country’s strong third quarter (Q3) gross domestic product (GDP) print, are projected to continue their growth into 2023. Moody’s Analytics, in its latest Asia Pacific Economic Preview report, said the stronger year-on-year growth of 14.2 per cent in Q3 exceeded expectations with consumption […]
Read MoreTHAILAND’S monetary policy would be “measured and gradual” to support economic recovery, Bank of Thailand governor Sethaput Suthiwartnarueput told a seminar on Monday. The economy was recovering gradually, despite a global slowdown, and should reach pre-Covid levels early next year, he said. The central bank governor said the economy was expected to grow 3.3 per […]
Read MoreAs inflation continues to accelerate MANILA, Philippines — Economists are expecting the central bank to deliver another huge 75-basis-point hike on Thursday, as pre-announced by Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla. Security Bank chief economist Robert Dan Roces said the aggressive rate hike is justified as inflation accelerated to a 14-year high […]
Read MoreJAKARTA, Nov 14 (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday. Exports from Southeast Asia’s biggest economy have been buoyed since last year by high commodity prices, but prices of some key commodities like […]
Read MoreCambodia exported $18.74 billion worth of goods in the January-October period of 2022, an increase of almost 20 percent compared to the same period in 2021, according to the General Department of Customs and Excise report on Saturday. The US remains the biggest market for Cambodia-made products, importing $7.6 billion worth of products from the […]
Read MoreThe packaging industry is expected to grow at 12.3% a year until next year, according to the Vietnam Packaging Association. HCM City (VNA) – The packaging industry is expected to grow at 12.3% a year until next year, according to the Vietnam Packaging Association. The growth is driven by the growth in F&B, consumer goods, exports, […]
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