INDONESIA’S windfall export earnings thanks to high commodity prices may start dwindling, its statistics bureau warned on Monday (Aug 15), despite the country booking a larger-than-expected surplus in July. The resource-rich nation booked a US$4.2 billion surplus last month as it enjoyed the impact of high commodity prices globally, although prices of some of its […]
Read MoreThe early lifting of Covid-19 restrictions boosted domestic activity while strong external demand supported Cambodia’s recovery in the first half of 2022, according to the preliminary assessment made by the ASEAN+3 Macroeconomic Research Office (AMRO). AMRO prepared the assessment after its annual consultation visit to the Kingdom from July 20 to August 3, 2022. AMRO […]
Read MoreBANGKOK (BLOOMBERG) – The Thai economy grew at a slower pace than economists estimated in the last quarter as the fastest inflation in 14 years probably weighed on sentiment and offset gains from the return of foreign tourists. Gross domestic product rose 2.5 per cent in the April to June period from a year ago, […]
Read More“Someone told me they had a feeling that the CPI is not correct. I asked them on what grounds. Scientifically, that cannot be proven,” said economist Vo Tri Thanh. Vietnam’s reported consumer price index (CPI) is controversially low in the context of 40-year high inflation rates around the world. Can you comment about this? Inflation […]
Read MoreMANILA, Philippines — More Filipinos ended poor in 2021 compared to three years ago after the pandemic wiped out gains in poverty reduction that took years to achieve. A survey of 165,029 families nationwide showed there were 19.99 million Filipinos living below the poverty line last year, up from 17.67 million recorded in the comparable period […]
Read MoreSEOUL (BLOOMBERG) – Thailand’s baht has rebounded so rapidly in the past few weeks on optimism about the country’s tourism-led growth that it has already hit year-end analyst targets. The currency has jumped 2.3 per cent to about 35.45 per US dollar this month, leading gains in Asia by a wide margin. In addition to rising forecasts for tourists […]
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